Hi Hyper,
The Company said they would launch in Q4. So, at the earliest this would be October. It could be as late as December for first sales.
Worth looking at Bell Potters report. I think they say eventually about $1 million in sales per month. So, circa $10 million for the first year.
Im not sure what kind of rerate that would produce. But if the market is expecting thousands and thousands of sales equating to hundreds of millions of dollars they will be disappointed.
Perhaps that explains why the market has moved on from Oncosil? Maybe they don’t care what this company does anymore? It looks almost dead to me.
OSL Chart, page-38
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Last
1.2¢ |
Change
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Mkt cap ! $45.40M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.1¢ | $65.61K | 5.632M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 6553895 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 1917493 | 5 |
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| OSL (ASX) Chart |