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2.0¢ oventus medical limited

Ann: Change in substantial holding - Tiga Trading Pty Ltd, page-11

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JabraD

15,516 Posts.

1283

24/05/21

07:25

Post #: 53363688
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Originally posted by Lefevre: ↑

All of the above.

Its called chasing.

Thorney have a great track record in micro/small cap investing but like everybody else they don't have a 100% record.
The current market cap is $22 mil. I would suggest that Thorney have invested a lot more than that over the years into OVN.

OVN first gained my attention over 3 years ago when Thorney stated it was their stock pick of the coming year. They got that horribly wrong. And so did I.

The Covid rout in the USA has not helped this stock.

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Been watching this one for a while now. Starting to look like a possible good risk v reward play especially at all time lows. Chart wise Id be waiting for a break. Can anyone provide a quick summary as to why it continues to get smashed? Im about to read more into it but a quick summary would be nice. Thanks

OVN Price at posting: 12.0¢ Sentiment: None Disclosure: Not Held
3 Upvote

0 Great analysis

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