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

OVN oventus medical limited

0.00%

2.0¢

Ann: Investor Update, page-3

First 3 Last

Share
Profile

Follow
FFailings

950 Posts.

507

02/09/20

09:08

Post #: 47009088
Share

Originally posted by plough: ↑

27 sites and about 100 sales a month total that is only 4 sales per site per month , hardly the 20 minimum we were told .
selling for $800 each that is only $80K a month in revenue sure revenue is growing but too slow to have any effect on reducing cash-burn .
There sales team needs to get their act together
Not really performing to what I had hoped for at this stage covid or no covid

Expand

The first 5 sites were launched 10 months ago (asx: 11 Oct 2019) and they still can't get decent sales out of them.. covid is not really an excuse anymore. Usa has been open for a while now. My conservative budget had at least 220 in august, im going to have to rewrite the numbers down significantly

OVN Price at posting: 26.0¢ Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

HotCopper Highlights: Trigg; Droneshield; Lumos & more

BDM

Burgundy plunges -20% after turning to layoffs to navigate record-low diamond prices

PSC

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

STN

Saturn brings up seventh straight Apollo Hill upgrade on 'impressive' 300-hole drill run

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

SER

Strategic Energy extends its QLD copper-gold frontier with Diamantina acquisition

SYR

Syrah jumps +19% as graphite tariff threat spurs optimism down under

Week 29 Wrap: ASX hits new all time high of 8,766pts ahead of Aug 1

DRO

History repeats for DroneShield investors but carnage so far subdued

AII

A new NASDAQ listing for a key player in the global critical minerals space

First 3 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Ann: Investor Update, page-3

Top Stories

HotCopper Highlights: Trigg; Droneshield; Lumos & more

Burgundy plunges -20% after turning to layoffs to navigate record-low diamond prices

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

Saturn brings up seventh straight Apollo Hill upgrade on 'impressive' 300-hole drill run

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

Strategic Energy extends its QLD copper-gold frontier with Diamantina acquisition

Syrah jumps +19% as graphite tariff threat spurs optimism down under

Week 29 Wrap: ASX hits new all time high of 8,766pts ahead of Aug 1

History repeats for DroneShield investors but carnage so far subdued

A new NASDAQ listing for a key player in the global critical minerals space

Featured News