OSL 20.0% 0.6¢ oncosil medical ltd

Ann: Entitlement Offer to raise up to $9.9 million, page-118

  1. 7,084 Posts.
    lightbulb Created with Sketch. 2702
    Yep thats what a lot of holders will probably be doing, its a free shot. get out now above 1, get your same holding back plus the options at a cheaper price. Holders realising this will lead the supply to go down to 1 cent, then you will also have double the amount of shares on issue after the shares are allocated creating a huge over hang to get through.

    How some holders see this as a good thing is mindboggling.
 
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