OCC 1.33% 37.0¢ orthocell limited

OCC Trading, page-1603

  1. 7,465 Posts.
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    Our new Chairman did say that was his first objective. He certainly has the professional background to do so.

    i am finding the markets so binary at the moment, globally. Loosely anything generating cash has rallied, often in exuberance, NVIDIA and the like on AI hype particularly. Anything not generating cash has been punished - even small cap AI companies. Cash burning bio-techs particularly punished, no matter their likely eventual forward earning prospects.

    OCC sits of course apart, on the verge of positive cash flows. Its like the mkts are very poor at pricing forward earnings and will only do so when they actually see positive reported earnings in print, rather than predicting them.

    I am on another stock elsewhere that has rallied 300% from.its low in 3 months on business data prints that were somewhat predictable.

    I thought OCC showing it would be cash flow positive without R&D would be enough to rally it last quarter. Perhaps it needs a cash flow positive print. End of January should be pushing towards it at least.




    Last edited by bedger: 23/01/24
 
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Last
37.0¢
Change
-0.005(1.33%)
Mkt cap ! $77.45M
Open High Low Value Volume
36.5¢ 37.0¢ 36.0¢ $35.00K 96.65K

Buyers (Bids)

No. Vol. Price($)
3 13501 36.0¢
 

Sellers (Offers)

Price($) Vol. No.
37.0¢ 2205 1
View Market Depth
Last trade - 16.10pm 14/06/2024 (20 minute delay) ?
Last
36.5¢
  Change
-0.005 ( 1.35 %)
Open High Low Volume
36.5¢ 37.0¢ 36.0¢ 50972
Last updated 15.44pm 14/06/2024 ?
OCC (ASX) Chart
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