Guys, the market cap is $47.1m. That's miniscule. The patent for science like this is worth many times more than the current market value.
The product developed is a game-changing medical development. It is a diamond scientific discovery; people who before would have a long and debilitating recovery from trauma will now have access to a genuine and effective product that hugely improves their lives in comparison to existing treatment options.
Of course, this is all based on the presumption that the drug developed is as effective as the clinical trial results suggest. It may be a small sample size, but patients tested have shown remarkable recovery from trauma. This study was conducted in one of the best universities in Australia by absolute geniuses. The person behind this, Professor Ming Has Zhen, is a globally renowned and highly regarded scientist, (and Pro Vice-Chancellor at UWA).
Once again, the market cap is $54m. This is nominal, this share is trading at the same bracket as speculative mining, cannabis, pharmacy stocks that have no guarantee of success. This company have already won international awards and garnered the interest of very big players.
I can't say what the value of the company is, but I have no doubt the science behind this is worth many times more the current company value. $250m just for the patent for this drug would be a very conservative figure. To put in comparison, Next Science (ASX:NXS) have developed a drug that eliminates bacteria's protective habitat. it has shown great results but isn't as progressive or lifechanging as this drug here. They have a market cap of $240m. It doesn't take a stock market guru to know that Orthocell is going one way from here.
- Forums
- ASX - By Stock
- OCC
- Ann: First Patients Complete Nerve Regeneration Trial
Ann: First Patients Complete Nerve Regeneration Trial, page-236
-
-
- There are more pages in this discussion • 302 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OCC (ASX) to my watchlist
|
|||||
Last
40.0¢ |
Change
0.010(2.56%) |
Mkt cap ! $83.83M |
Open | High | Low | Value | Volume |
39.0¢ | 40.0¢ | 39.0¢ | $199.1K | 504.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3807 | 39.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
40.0¢ | 3666 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2599 | 0.385 |
3 | 27634 | 0.380 |
2 | 42700 | 0.375 |
4 | 23903 | 0.370 |
5 | 42071 | 0.365 |
Price($) | Vol. | No. |
---|---|---|
0.400 | 3666 | 2 |
0.405 | 74300 | 2 |
0.410 | 45237 | 4 |
0.420 | 135239 | 3 |
0.425 | 39350 | 3 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
Featured News
OCC (ASX) Chart |