You are on the dollar here, I now share the same concerns - revenus might better this year (sure as hell hope so), but I don't see the SP going north of 30 cents unless that cash balance buffs up - the capital market environment is very risk averse at this stage, better avenues for institutions to park funds.
Also Osteopore easily needs another capital raise if not 2 more - revenue growth will be accompanied by milestone payments which eat into top line GP. Their internal liquidity cannot be significant unless they see annual revenues go above that 5 - 6 million mark. Without that self sustainability the SP isn't going in our favour anytime soon, expect a few years as period of wait time.
**based on current public information
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5.6¢ |
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Mkt cap ! $6.416M |
Open | High | Low | Value | Volume |
5.8¢ | 5.8¢ | 5.6¢ | $54.42K | 961.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 61299 | 5.6¢ |
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Price($) | Vol. | No. |
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5.8¢ | 20000 | 1 |
View Market Depth
No. | Vol. | Price($) |
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4 | 61299 | 0.056 |
2 | 125000 | 0.055 |
1 | 200000 | 0.054 |
1 | 30000 | 0.053 |
2 | 157690 | 0.052 |
Price($) | Vol. | No. |
---|---|---|
0.058 | 20000 | 1 |
0.060 | 1566666 | 2 |
0.061 | 20000 | 1 |
0.063 | 100000 | 1 |
0.064 | 28666 | 2 |
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