OCC 1.28% 38.5¢ orthocell limited

Marketing Orthocell to Professional Sport, page-15

  1. 7,576 Posts.
    lightbulb Created with Sketch. 6849
    Pleasure all. I just got filled on the bid at $0.48 for another 10,000 personally. Its difficult watching this stock meander whilst the ASX200 rallies, but do you want to buy CSL at what 50 times P/E? Or rather a company with proven products, dwindling in terms of share price due to its anonymity, that is very likely to sign a major partnership with its long term collaborative partner this quarter - the biggest medical company in the world by revenue?

    As an ATI recipient I have been on this stock since its IPO because of ATI. CelGro was an unanticipated and enthralling bonus. But it has still been a poor return and long taxing wait for this partnership, that I think you will find has only been delayed by difficulties procuring patients that fit the requirements - they are very specific after all.

    I can't predict the future anymore than the rest of you, but I can say watch this space in the next couple of months with some confidence. If a J&J partnership emerges and some ATI treatment of domestic sports-stars catches media attention, OCC will likely take off. Or more to the point, trade at prices that more decently reflect its future earnings potential. MSB has taken off after a recent update. PAR is trading higher on upcoming trial announcements. OCC is a frustrating laggard, but the potential catalyst is finally getting close.

 
watchlist Created with Sketch. Add OCC (ASX) to my watchlist
(20min delay)
Last
38.5¢
Change
-0.005(1.28%)
Mkt cap ! $80.59M
Open High Low Value Volume
39.0¢ 39.0¢ 38.0¢ $31.21K 81.11K

Buyers (Bids)

No. Vol. Price($)
4 57705 37.0¢
 

Sellers (Offers)

Price($) Vol. No.
39.0¢ 1315 1
View Market Depth
Last trade - 13.37pm 09/08/2024 (20 minute delay) ?
OCC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.