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08:30
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Originally posted by candidcamera:
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By OSX's estimation as shown in their prospectus and all subsequent public reports, the bone regeneration industry is worth $100 billion annually. Cranial/facial (the field OSX has approvals for and a presence in) is worth $4 billion of that, the rest being for long-bone (e.g replacement tibia), dental, etc – the fields OSX is getting into and developing partnerships and products for. I trust that these figures are accurate, as I haven't investigated it. In the same way as when I hear big figures on the news about GDP or the global value of a certain market, I just accept that they are quoting some credible source and not making it up.
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What would have been the motive to list on the ASX if it already had contracts ready to go? The whole purpose of listing was to raise capital so it could fund those distribution agreements and scale up manufacturing.
(20min delay)