I try to avoid conspiracy theories. Selling newly issued shares to keep options as a free carry is probably not a conspiracy, more like a strategy of sorts, although even parasites don;t like to actually kill their host. But the recent trading looks to me like its designed to dissuade holders taking up their entitlements in the SPP. It's just otherwise nonsensical. If your strategy is to sell your new share allocation and keep the options you'd try to sell at 1 cent not 0.7. Right? Or am I missing something? The company just hit 2 major milestones both of which translate directly to future earnings: GBA (maybe eventually 10 million pa) and MDR (reduction in 2 million in costs).
OSL Price at posting:
0.8¢ Sentiment: Hold Disclosure: Held
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