OSL oncosil medical ltd

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-13

  1. 926 Posts.
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    I think the number in the commentary is correct (and the figure in the table is incorrect).

    And as mentioned that's over the European summer which is a very quiet time.

    I think that the sales for this current FY will be much better than ever, but not break even. Maybe 2-3 million.

    There is capital coming in from exercise of June options which I think will be the last funding required.

    I think the company will be sold. Not before an FDA decision however. If they decide to continue as a going concern because they are doing very well, then the exercise of options over the following years will give then additional capital. But I personally think that those options will only vest in a sale.

    What I really don't understand is this selling below 1 cent. I really don't get it.

 
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