OSL 11.1% 0.8¢ oncosil medical ltd

Ann: Notice of Extraordinary General Meeting/Prox, page-4

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  1. 973 Posts.
    lightbulb Created with Sketch. 25
    re: Ann: Notice of Extraordinary General Meet... Not much going to happen for the next year or so until the results come in .. except maybe for the occasional pump to allow stock to be offloaded. A bottom drawer stock, check occasionally if anything is happening. They have enough funding to keep chugging along for a while.

    Employee share plan looks pretty generous and looks more generous than the usual option plan - employee has no obligation to pay anything for the shares unless they want to sell them. I suspect they went this route to avoid triggering tax obligations ?
 
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