Australia's largest stock trading and investment forum Australia's #1 stock forum

OVN

Click for more information

0.00%

2.0¢ oventus medical limited

nice first day!

First 4 Last

Share
Profile

Follow
moesoeloe

3,547 Posts.

1

19/07/16

18:18

Post #: 18309885
Share

Originally posted by rockyboy ↑

Well then here we go!! Oventus closes at .70c on debut.
Just a couple of observations at this early stage of listing. The comments on the effectiveness of the device come from Chris Hart the guy who developed the design of the appliance. It's always going to be positive but I'm sure it works well all the same. From what I gather the titanium framework is manufactured overseas and the customization done here in Brisbane. It shows promise but it's certainly not a facility on a world scale at Indooroopilly, just a lab with a few technicians finishing off. No financials as yet just blue sky! Sure the US market is huge where possible expansion opportunities exist. That's fine but they'll need a facility offshore perhaps China to service a growth level like that, not a room at Indro. It remains to be seen where this goes. Good luck!

Expand

nice first day!

OVN Price at posting: 70.0¢ Sentiment: None Disclosure: Not Held
Upvote

0 Great analysis

Reply

There are more pages in this discussion • 22 more messages in this thread...

First 4 Last

Add OVN (ASX) to my watchlist

SPONSORED BY