I don’t know about the actual chances. But you have to admit it’s starting to stack up. 1. Cheap due to market sentiment leading to heavy discounting 2. Cash in the bank 3. Management in place and will welcome PE type incentive 4. Approvals coming 5. Sales coming. 6. Sales will offset some of cost of trials. 6. Exit to trade sale or relist in 2-3 years with 4-5x multiple. They could buy for 60 spend or borrow 60 and sell for 500.
the current sp is “ deep value” as the bell potter report says.
I don’t know about the actual chances. But you have to admit...
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 (20min delay)
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Last
$1.16 |
Change
-0.010(0.86%) |
Mkt cap ! $21.74M | |||
| Open | High | Low | Value | Volume |
| $1.17 | $1.17 | $1.14 | $80.47K | 69.48K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2150 | $1.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.17 | 7380 | 1 |
View Market Depth
| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| OSL (ASX) Chart |