Coy = company.
Fair enough, mate. We agree to disagree.
To be honest, I didn't really find your original post all that crystal, hence my reply, but glad your clarified your point further by the post above. Ta.
In my opinion, the 3.5m invested by this "coalition" is nothing but a token gesture, probably done out of goodwill and charity for a local company. I recall owning 3DP when Bevan Slattery sunk $2.5m of his own coin into it ( a lot larger stack then this mob), and the stock ran up to 93c or something. If these funds/Sophs were serious they surely would have sunk more and on-Market too (or at least at current market price) into Orthocell. There are literally hundreds of possible companies to invest in and if I were one of the above, I would demand a discount or sayonara Orthocell. Especially if JVDW or Paul approached them hat in hand (which seems to have been the case), not the other way around.
But like you said, we can disagree. And that's all right too. There's been bugger all in terms of funds buying in in the past so all that matters now is how the company/products perform from here. The market will determine the outcome, not our opinions.
Gltah
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Open | High | Low | Value | Volume |
67.0¢ | 67.0¢ | 65.0¢ | $245.7K | 371.8K |
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1 | 20123 | 0.650 |
2 | 14260 | 0.645 |
8 | 98811 | 0.640 |
4 | 33664 | 0.635 |
Price($) | Vol. | No. |
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0.670 | 11000 | 1 |
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