EYE 0.00% 24.0¢ nova eye medical limited

Ann: Glaucoma Sales update, page-22

  1. 15,795 Posts.
    lightbulb Created with Sketch. 4074
    EYE has higher revenue (and now thanks to the new device, higher growth) than many companies with much higher market caps. Even more, we still have an exciting R&D pipeline offering future growth opportunities, including 2RT which is (imo) an incredibly exciting, speculative, opportunity (regardless of the probability of it coming to fruition).

    The reason for EYE being so significantly undervalued relative to so many other stocks (in both the MIGS segment and the broader market) is hard to tell. I'd say the main reason though is a lack of understanding and knowledge about this company. I'm willing to bet (with my decent sized position) that iTrack Advance financial performance will get this company in the spotlight so that it is actually researched, but who knows. Time will tell what happens, and by this time next year we should know for sure whether our patience has been worth it.
 
watchlist Created with Sketch. Add EYE (ASX) to my watchlist
(20min delay)
Last
24.0¢
Change
0.000(0.00%)
Mkt cap ! $54.91M
Open High Low Value Volume
24.0¢ 24.5¢ 24.0¢ $110.1K 458.4K

Buyers (Bids)

No. Vol. Price($)
4 432506 23.5¢
 

Sellers (Offers)

Price($) Vol. No.
24.0¢ 169560 3
View Market Depth
Last trade - 16.10pm 25/07/2024 (20 minute delay) ?
EYE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.