Its a turnaround play.
If they can achieve survival to sales, or a couple of those milestones mentioned previously, it will be a multibagger for those who get in at these prices.
But looking at that chart confirms my belief that someone deliberately pushed the price down last year before triggering a capital raise at 1c. That's a deep hole that someone dug for us, and getting out is hard.
Why OSL is a Multi-Bagger, page-50
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Last
0.6¢ |
Change
0.001(10.0%) |
Mkt cap ! $18.32M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.6¢ | 0.5¢ | $81.39K | 15.51M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 7765555 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 23570600 | 20 |
View Market Depth
| Last trade - 15.45pm 27/05/2024 (20 minute delay) ? |
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Last
0.6¢ |
Change
0.001 ( 10.0 %) |
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| Open | High | Low | Volume | ||
| 0.5¢ | 0.6¢ | 0.5¢ | 1207149 | ||
| Last updated 14.39pm 27/05/2024 ? | |||||
| OSL (ASX) Chart |