Who cares about what he did, board wanted him gone so he's gone. Very positive news because he was not the right person to commercialise.
DK has 20,352,778 OSL to sell, i imagine this selling pressure won't relent for another few days because he'll exit along with other shareholders who lose confidence.
SP has been pushed down artificially due to DK exiting (2.5%+ of MCap needs to turnover on an illiquid stock asap). But perhaps we do deserve to be trading down here because the SP had priced in a breakthrough revenue generative quarter (small NZ revs don't count).
New CEO announcement will stop the selloff but I'm worried it won't happy until next year, haste of the firing reduces likelihood of having someone lined up ready to go.
- Forums
- ASX - By Stock
- Ann: Termination of Mr Daniel Kenny as Chief Executive Officer
Who cares about what he did, board wanted him gone so he's gone....
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OSL (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.5¢ |
Change
0.001(25.0%) |
Mkt cap ! $14.88M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.4¢ | $41.37K | 9.733M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
28 | 15920808 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 29092158 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
26 | 13620808 | 0.004 |
15 | 12886597 | 0.003 |
5 | 3757526 | 0.002 |
4 | 7600000 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 29092158 | 14 |
0.006 | 14289997 | 13 |
0.007 | 21993481 | 20 |
0.008 | 2247500 | 6 |
0.009 | 1417500 | 3 |
Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
Last
0.5¢ |
  |
Change
0.001 ( 10.0 %) |
|||
Open | High | Low | Volume | ||
0.5¢ | 0.5¢ | 0.5¢ | 560000 | ||
Last updated 14.39pm 03/05/2024 ? |
Featured News
OSL (ASX) Chart |