OSP 0.00% 6.2¢ osprey medical inc

Wow the market isn't showing OSP much love.I might wait & see if...

  1. 3,983 Posts.
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    Wow the market isn't showing OSP much love.

    I might wait & see if it breaks below 6c before topping up again as there seem to be plenty of people willing to dump at any price.

    I know the cash in bank balance is slowly getting eaten away at approx US$4 Mill per quarter cash burn so will be approx US$12 Mil at the end of this quarter (assuming no material increase in revenue and/or decrease in expenses) so approx A$17.5 Mil cash at the end of this quarter, leaves an EV of approx A$9 Mil

    It all swings on OSP increasing sales & reducing cash burn.

    https://hotcopper.com.au/data/attachments/1685/1685443-3e27eca9121e869efcabf1810a7c0e72.jpg
    .
 
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