Investors have a short memory span. Just 18 months ago. ZP1 was demanding a market valuation in excess of 15000m.
You read that right. 15 thousand million vs 5m for OSP now.
What was the market cap of ZP1 5 years ago. Very close to 5m
I don’t believe the ASX is that much more rational than cryptocurrency. The market determines all. It just needs a good excuse. And some time in the long and bitter ASX winter
Terra Luna coin is a perfect example. You invest 1k at 120 dollars. It doesn’t matter how low it goes 0.000001. You are not losing more than 1k.
Dogecoin 10000x from 0.0001 to 1 dollar effortlessly. How much do you potentially lose if you fail to invest 1k at the bottom? 1k x 10k is 10 million. But what if you invested 10k. Or 100k? That 10 million suddenly becomes 1000 million or 1 Billion. Richest guy in Australia.
Invest wisely and you will not only not lose the house, you will probably make a tiny bit of money
Back to OSP. It needs government support. The positive is Chris Nave is still on the board with his 60% ownership of government endorsed research and commercialisation. Brandon partners is not close to giving up their 40m investment. The CEO of health scope with his cheeky 100k-200k stock holding depending on if he’s averaged down or what plans he has to support the company behind the scenes. If OSP is not a lifestyle company and it’s creation had the intention of solving a critical medical problem. That is the sole reason in addition to countless others why you can consider investing in this company.
Investors have a short memory span. Just 18 months ago. ZP1 was...
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