OVT 12.5% 0.5¢ ovanti limited

gutless company yet to report, page-2

  1. 547 Posts.
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    Check out ASX:BOD. Quietly entered the syringe/needle market two years ago, raised 6.5 mill, still has 3.2 mill, recently invested in Tissue Engineering Technology. Maybe a sign of reality, Retractable Syringes/Needles may not work! Reports on time, explains current position, no shareholder dilution since listing and unlikely with low cash burn, mmmmmmm? Not bad utilisation of shareholders funds in comparison to the peers in the sector. A look into the future and one could see 'classic potneial mining shells' x5 approx, (UNI,OMI,RTL,etc etc)

    BOD Mkt cap $5mill ???
    Cash $3.2mill !!!
    Invested in other biotechnology ???
    Nice switch ???

    Not difficult financial science..........

 
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