Agree with Derham that Forrest is positive in backing its stocks. It should also be noted that as far as I know whilst they attain the technology they also spend their own monies visiting o/s plants, unis and management as they did in OSL, so they deserve some options. Also looks at the announcements and Mr Hogan has put his money where his mouth is. He has bought heavily in OSL too. So don't think he's running from this one.
Re IDE and CE and Cafa's wish for a running commentary, the simple explananation is this does not happen and no regulator would want this. They are very particular about company announcements as the diligence is ongoing. So yes whilst frustrating, its good that no negative publications have been made by the regulators which shows the ping pong game continues.
OSL will still be closer to $1 by year end than $0, IMHO. I think Mr Roberts on the Board is only the start too and this too will likely strengthen as commercial operations commence.
OSL Price at posting:
24.5¢ Sentiment: Buy Disclosure: Held
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