I think its the right tme to buy more, the report was good news in my eyes - 75% efficacy if true is an amazing result, although the sample size is a bit small to be sure of that just yet. If it is true then its a true disruptive technology that everyone will want to use. CPAP users hate the machine, but still use it to get a good nights sleep. If they can avoid the machine at all for the same result, they will. OVN even has a product ready to ease the discomfort of those who do still need CPAP. If Modern Dental are investing, they know its a good thing and they certainly know a whole lot more than I do.
Chris Hart seems genuine, he's definitely no slimy investment banker type trying to hype the company and make a quick buck. imo he wants he's focused on the long term vision.
I'm looking at where I can free up some funds for a bit more of this. Its not a stretch of the imagination for me to see this as a $1bil market cap in 5 to 10 years. Wouldn't need to put in much today to do very well if it goes according to plan, which is good, no need to overinvest just yet.
OVN Price at posting:
29.5¢ Sentiment: None Disclosure: Held