i think it would create up to 50% upside, but its not so much about short term sp gains to enable profit taking at monster margins, its more that it is a major stepping stone towards commercial use and building further evidence for trials and fda approval.
i would suggest osl is a long term play, not a short term play based purely on a huge jump when ce mark is announced. i think a few impatient holders will want to sell out on any rise which will push the price back down, so i would realistically expect it to stay around 15c after a short spike above that.
just a guess.
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Last
$1.23 |
Change
0.210(20.6%) |
Mkt cap ! $17.49M | |||
| Open | High | Low | Value | Volume |
| $1.05 | $1.24 | $1.03 | $200.2K | 169.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3500 | $1.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.25 | 60000 | 1 |
View Market Depth
| Last trade - 16.10pm 26/06/2025 (20 minute delay) ? |
| OSL (ASX) Chart |