OVN 0.00% 2.0¢ oventus medical limited

OVN is soooo far from breakeven it's not funny. The amount of...

  1. 31 Posts.
    lightbulb Created with Sketch. 1
    OVN is soooo far from breakeven it's not funny. The amount of cash these guys burn to generate 100k of rev is impressive. They are not burning it they are incinerating it. They will be raising again in 6 months unless they can somehow perform a miracle and turn 100k of rev into 3 mil a quarter. Next 4c will be no better addressing the cash incineration. DR Chris needs a reality check and reduce his wage to 200k to bring OVN into line with other micro caps.
 
watchlist Created with Sketch. Add OVN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.