OSL oncosil medical ltd

Agree that announcement is somewhat disappointing, However there...

  1. 1,155 Posts.
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    Agree that announcement is somewhat disappointing,
    However there are some positives :-


    Clarification that (CE Certification) for (Pancreatic Cancer Indication)
    Should be granted by (BSI) after the (Stage-1, 20 Patient Safety Assessment) is completed


    Data from (Stage-1) is expected to be available before the end of (September, 2017)
    (7 months from now)


    Once (BSI) are satisfied with (Safety Assessment)
    (CE Mark) should be granted before the end of (2017)
    (10 months from now)


    So the positives are :-

    1) If your a long-term investor,
    Provides a possible (10 month) window to accumulate,
    Or average down at probable lower shareprices

    2) Possible less dilution,
    Due to (19,000,000 Options @ 5 cents) (Expiring 3/06/2017)
    Held by (Martin Rogers) who resigned in 2016, possibly not being exercised
 
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Last
$1.08
Change
-0.050(4.42%)
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