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2.0¢ oventus medical limited

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Wise_One

17,382 Posts.

1341

23/04/21

12:12

Post #: 52677350
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Originally posted by Wise_One ↑

It’s funny cos this company has not delivered anything, ever, compared to what SH’s expected and this is represented in the share price.

it’s one of the worst performing stocks since the Covid lows (it hasn’t moved since!!)

IMO the mkt is done with the excuses & IMO there is another CR imminent - probably before the next 4C which is due at the end of this month

Thorny buying to increase their % ownership leads me to speculate they’re trying to ensure it’s an entitlement issue (rights issue) so they can maximize their ownership via the imminent raise.

This company had its chance, wasted my money for almost 2 years & now it’s time to move along.

Finally, almost everyone who put new money into this since last March is underwater, so this may be one of the only stocks out there that gets hammered in the May “tax loss selling season”

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lollllllll

Will you look at that... Investor Presentation out this morning

CR on its way - 4 pieces of news in the last month was the smoking gun with Thorny adding as well & today the presentation imo is the confirmation!

Tax loss selling in this one will be savage also imo

I'm now all out - couldn't exit fast enough, gave this thing 2 years & was heartbroken with the performance

OVN Price at posting: 18.5¢ Sentiment: None Disclosure: Not Held
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