Ann: Quarterly Results and Investor Conference Call Notification, page-18

First 18 Last

Share
Profile

Follow
Tian8824

1,983 Posts.

118

25/01/22

02:07

Post #: 59103030
Share

Originally posted by Tian8824: ↑

Well put. The investors “gave up”.

Their selling is based mostly on emotion when the pain and disappointment they cannot take another day

Problem is, they don’t gain much from selling. They are not BRN brain chip holders selling at the top 5000m market cap based on no revenue. They are selling at a huge loss whatever scrap they have left.

It will only give them peace of mind. maybe some feeling of vindication if the company collapses. But financially it doesn’t make sense UNLESS the selling is for tax reasons. Or they feel there is opportunity to sell now and buy back at cheap. But that’s doing a short term trade at the worst time possible. Even if they got it right, it does not validate them. Why weren’t they selling at 80 bucks???

I am not trying to pump the stock up. But my philosophy is to look at the merits of a company when it is completely almost down and out. I’m not going to look at the Merits of Bitcoin when it’s 300k. I do that when Bitcoin WAS 1c

Except OSP is not at that stage. Progress is not as fast or smooth as one would hope for mostly not because of bad management, but because of Coronavirus. It needs maybe abit more time and maybe a final cap raise to get through this third variant of Coronavirus. The numbers of deaths and hospitalisations are easing as we speak.

Then it’s contracts with Canada, Middle East, Asia, Europe, USA. Every continent of the world.

Expand

Actually Pro Medicus had the same issue early on. Incompetent sales team in America. But this time around, I still think it’s Coronavirus restricting movement. Their sales team are okay. Investors just need to ride out the storm. But I think the problems have been priced in, given it’s only 12m market cap now LOL

OSP Price at posting: 50.5¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

KSN

Mineral Hill transition kicks off for Kingston, gold and silver ramp up to follow

AIR

Air New Zealand ditches 2030 emissions targets – right as ASIC's Scope 3 reporting changes kick in for FY25

Super PITch gold sponsor RSM Australia: Can Diggers & Dealers 2024 be key to reinvigorating IPO activity?

MTL

Mantle Minerals' Nick Poll talks to HotCopper on finding gold grades up to 3.57g/t at Mt Berghaus

NWH

NRW Holdings voted Wealth Within's hot stock tip

There are more pages in this discussion • 8 more messages in this thread...

First 18 Last

Add OSP (ASX) to my watchlist

Ann: Quarterly Results and Investor Conference Call Notification, page-18

Top Stories

Mineral Hill transition kicks off for Kingston, gold and silver ramp up to follow

Air New Zealand ditches 2030 emissions targets – right as ASIC's Scope 3 reporting changes kick in for FY25

Super PITch gold sponsor RSM Australia: Can Diggers & Dealers 2024 be key to reinvigorating IPO activity?

Mantle Minerals' Nick Poll talks to HotCopper on finding gold grades up to 3.57g/t at Mt Berghaus

NRW Holdings voted Wealth Within's hot stock tip

Featured News