objectively, no but sentiment is a powerful driver in the short-medium term. A UK sale coming off the back of the NZ sale and Swiss approval would suggest the company is gaining momentum and beginning to deliver. I think the market discounts this stock because of past failures. A UK sale may be enough for the market to remove the discount.
I note your point about cases and theoretical demand. I guess that’s good and bad. Either way, it’s a critical qtr.
OSL Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held
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