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5.7¢ osteopore limited

Ann: Prospectus for Renounceable Rights Issue, page-16

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bedger

7,507 Posts.

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15/03/24

09:59

Post #: 72899560
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Originally posted by Mom88: ↑

The commercialisation strategy does not add up. Year on year has seen no growth despite an acquisition?

Since the initial board from the successful IPO days resigned and new management took over it has been going downhill ever since. Other than getting themselves set with performance shares and increasing remuneration, what have they really achieved so far? The consolidation did not make sense as they did not have billions of shares on issue to begin with. Now this 94% discount post consolidation and options that is way in the money already? None of this makes sense and it spells out just how loose or inexperienced the board is for signing all of this off.

All IMO, DYOR

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Of course. Its crap. No one is disagreeing with you there.

YOu are not a holder, excuse me if I feel holders have even more cause to feel wronged.

Some of us are busy trying to work out the mechanics of this and likely unfold of this rather than lamenting past injuestice. We all know Leong is an atrocious Chair and Board goverenace and strategy awful. The CEO perhaps genuine, but clearly out of his depth. Etc, Etc, Etc.

OSX Price at posting: 30.0¢ Sentiment: Buy Disclosure: Held
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Last 5.7¢		Change -0.001(1.72%)		Mkt cap ! $6.528M

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No.	Vol.	Price($)
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Price($)	Vol.	No.
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