By Steve Moore | Friday 15 May 2020
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Previously writing on Osirium Technologies (OSI), in September with the shares at 45.5p I concluded a convenient time for a ramptastic “Substantial contract win” announcement then, but it still looks unpleasant dilution ahoy from a current £6.2 million market cap. Natch, still currently avoid / sell. Today results are headlined “Substantial progress against growth strategy” – and the shares are currently at 25p… a further more than 9% lower even today...
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