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41.5¢ orthocell limited

Ann: OCC Signs Striate Global License And Manufacturing Agreement, page-85

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jb206

3,377 Posts.

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28/06/22

09:52

Post #: 62242020
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Originally posted by bedger: ↑

do not advertise external links.au/companies/news/985960/orthocell-hails-global-exclusive-licence-and-manufacturing-deal-for-striate-985960.html

He is excited and I for one think he is perfectly entitled to be....

Paul has copped some criticism, from myself too (they were slow) but they have more than vindicated themselves by my measure. This is a non-dilutive capital grab with future revenue streams. They've given away a small slice of the business for very good cash and future revenue streams, and they can retain control over REmplir, which has far greater revenune potential.

Do not forget we are still overdue OCC ATI results from the collaborative study with DePuy (JNJ) and I for one will forgive those rolling into early 3Q 2022 on the back of this deal that basically sets OCC for the future with no foreseeable cap raises necessary and a spring board for FDA approval in Remplir (particularly given its recent 24 month human trial results) and lots of nice yummy revenue as the CelGro technology gets ever more commercial coverage/marketing via BNioHorizons for free.As big Kev would say, I'm excited.

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10,000 units scaling up to 100,000

OCC Price at posting: 30.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 41.5¢		Change 0.005(1.22%)		Mkt cap ! $85.92M

Open	High	Low	Value	Volume
41.5¢	41.5¢	41.5¢	$4.379K	10.55K

Buyers (Bids)

No.	Vol.	Price($)
1	9999	41.5¢

Sellers (Offers)

Price($)	Vol.	No.
42.0¢	21292	2

View Market Depth

No.	Vol.	Price($)
1	9090	0.440
2	1462	0.420
1	10000	0.415
2	41585	0.410
4	46293	0.405

Price($)	Vol.	No.
0.390	1221	1
0.415	9332	2
0.420	21292	2
0.430	6556	2
0.440	1400	1

Last trade - 10.06am 03/10/2024 (20 minute delay)

OCC (ASX) Chart