OSP 0.00% 20.0¢ osprey medical inc

Ann: Appendix 4C and Business Update, page-14

  1. 7,143 Posts.
    lightbulb Created with Sketch. 1070
    Yeah whatever - I got cash raised at 30c+, so long ago I can not even remember & ALL those multi million A$ got flushed down the expenses toilet.

    As for economics 101 - have a look at the SP chart decrease & the shares on issue increase, look at the report 1.1 BILLION 1.4c options exercise Feb 2021 FFS. economics 101 - if you have receipts of US$0.5 Mil & costs of approx US$3 mil how much do you have to increase your sales/receipts by to break even ? 3/0.5 = 600% & they are flogging themselves about increasing sales by 21% - go figure.

    Takeover by GE is about the only get out of jail card I can see but who knows the might have an ace hidden somewhere

    https://hotcopper.com.au/data/attachments/3113/3113309-261e3ac4f8ead97adaa0b617b237521a.jpg
    https://hotcopper.com.au/data/attachments/3113/3113315-d66d45bf76617209dbbbad0aaa57f091.jpg

    .

    Last edited by hatmopit: 22/04/21
 
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