Australia's largest stock trading and investment forum Australia's #1 stock forum

OVN

Click for more information

0.00%

2.0¢ oventus medical limited

blommer I think the forthcoming quarterly will be a Barry Crocker

First 24 Last

Share
Profile

Follow
Grippon

408 Posts.

102

16/10/20

00:34

Post #: 48133841
Share

Originally posted by Blommer: ↑

I highly doubt that this is dead and buried.

There is existing structure and agreements in place all over NA that have value.
It is only because of the covid environment that it is underperforming to expectations.

This structure also still has clear and obvious potential to grow.

However, the covid environment still persists.
Its not a question of whether it is dead and buried, but one of how much dilution
will we have to suffer before the existing business returns to normal.

Looking at the US and then over at whats happening in the EU atm,
there is less hope that further dilution will be limited from necessary CR to keep this going.
Winter, in the northern hemisphere, is coming.

But I'm expecting that this dilution might occur at higher prices.
This quarters revenue should approach being equivalent to last full financial years.
The following quarter, in turn, can be expected to exceed last years' revenue.

So come early next year, when the CR hat is passed, I'm expecting it to be at a higher SP than the last one.

Expand

blommer I think the forthcoming quarterly will be a Barry Crocker

OVN Price at posting: 23.0¢ Sentiment: None Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

BM8

Battery Age Minerals gets set to capitalise on critical mineral demand

Wealth Within: the latest stock tips from Dale Gillham

A1G

African Gold finds significant 5.5g/t intercept over 65m in Cote d’Ivoire

ASM

ASM to push Dubbo REE play towards economical production with A$5M Federal govt grant

There are more pages in this discussion • 36 more messages in this thread...

First 24 Last

Add OVN (ASX) to my watchlist

SPONSORED BY