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1.2¢ oncosil medical ltd

He does NOT own 20 million shares...... Please people read the...

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dazby

73 Posts.

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07/12/20

16:01

Post #: 49397518
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Originally posted by MrQuick: ↑

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.

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He does NOT own 20 million shares...... Please people read the announcements of past. They are listed options that will expire in May. He actually owns less than 1 million I believe. The options have a 50 million revenue quota attached to them. So DK's 20 million shares are null and void along with Chris Roberts 10 million also.

DYOR

But its most certainly not him selling shares he doesn’t have control of yet.

OSL Price at posting: 12.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 1.2¢		Change 0.000(0.00%)		Mkt cap ! $45.40M

Open	High	Low	Value	Volume
1.2¢	1.2¢	1.2¢	$7.786K	650K

Buyers (Bids)

No.	Vol.	Price($)
7	4550000	1.1¢

Sellers (Offers)

Price($)	Vol.	No.
1.2¢	2505323	5

View Market Depth

No.	Vol.	Price($)
7	4550000	0.011
30	14880610	0.010
16	9581222	0.009
9	5477500	0.008
9	3764286	0.007

Price($)	Vol.	No.
0.012	2505323	5
0.013	11473998	7
0.014	6014139	9
0.015	8500000	3
0.016	4766668	3

Last trade - 16.10pm 04/09/2024 (20 minute delay)

OSL (ASX) Chart