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46.5¢ orthocell limited

Maybe they are waiting for P2 to take over.

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Jalaluddin

2,788 Posts.

596

18/01/21

23:06

Post #: 50259043
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Originally posted by bedger: ↑

Might have been to do with US holiday and the news not hitting the US Thursday. Who knows?

$0.46 to $0.535 on an early FDA CelGro approval is certainly a bit pathetic. Investors cannot blame the company for that. That's ultimately the Aussie investment market being fickle.

FDA CelGro dental for me also sets a huge precedent for CelGro Nerve and CelGro Tendon approval at the FDA. The former just requiring the rat studies completion for 510K approval by the FDA. OCC just put on a measly $15 million in value for future earnings in a $600 million+ per annum market in the US alone, let alone the wider implications for its other approvals.

Yep, $15 million for a product that was clinically shown to improve bone quality by 18-26% over the leading product, Geistliche's BioGide and is now approved for commercial use in the US. $15 million for a product that allows a 4 month 1-stage surgery vs the normal 8 month 2-stage standard surgery. I wonder which product the US insurance companies will endorse more enthusiastically....?

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Maybe they are waiting for P2 to take over.

OCC Price at posting: 53.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 46.5¢		Change 0.005(1.09%)		Mkt cap ! $97.45M

Open	High	Low	Value	Volume
46.0¢	47.5¢	46.0¢	$140.6K	298.7K

Buyers (Bids)

No.	Vol.	Price($)
2	13070	46.0¢

Sellers (Offers)

Price($)	Vol.	No.
47.0¢	10000	1

View Market Depth

No.	Vol.	Price($)
2	13070	0.460
2	7800	0.455
4	48977	0.450
2	6739	0.445
2	59332	0.440

Price($)	Vol.	No.
0.470	10000	1
0.475	35994	1
0.480	125105	6
0.485	6000	2
0.490	105080	2

Last trade - 15.52pm 12/09/2024 (20 minute delay)

OCC (ASX) Chart