Dude, I gave you a long list of American and Aussie firms that massively appreciated in mkt caps after consolidations.
You made a blanket statements on consolidations basically always being crap. And then you move and tighten the goalposts to what you (and I) originally said. You still don't even give timeframes. Lets look at one of your original examples. PEN. It consolidated its shares 20 to 1 on 25 November. On 24 Nov it closed $1.06 on an equivalent basis post consolidation basis. On 26 Nov it closed $1.06. It then traded higher thereafter and made a high of $1.61 late Jan - its been in the bin since, but again, ample opportunity to sell a consolidated stock at a higher mkt cap post consolidation.
I am done arguing with you. You made blanket statements that, and now you are changing what you said - its just micro caps now. Its a waste of everyone's time and no longer relevant to OSL discussion. We all know its in the crapper. This consolidation may indeed be a pre-text to a cap raise.
But the consolidation doesn't signify the demise of the company. More a symptom of the crappy history of OSL's business development. Always my argument.
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OSL
oncosil medical ltd
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94.0¢

Dude, I gave you a long list of American and Aussie firms that...
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Last
94.0¢ |
Change
0.030(3.30%) |
Mkt cap ! $13.37M |
Open | High | Low | Value | Volume |
95.0¢ | $1.00 | 94.0¢ | $21.62K | 22.74K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2 | 96.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
98.0¢ | 5081 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2 | 0.965 |
3 | 1345 | 0.940 |
3 | 1564 | 0.910 |
4 | 54001 | 0.900 |
1 | 888 | 0.880 |
Price($) | Vol. | No. |
---|---|---|
0.980 | 5081 | 2 |
1.000 | 11150 | 3 |
1.090 | 375 | 1 |
1.150 | 48 | 1 |
1.190 | 9813 | 2 |
Last trade - 15.50pm 16/06/2025 (20 minute delay) ? |
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OSL (ASX) Chart |