OSX 5.00% 3.8¢ osteopore limited

Primarily because few people outside HC desperates consider yet...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 418 Posts.
    lightbulb Created with Sketch. 217
    Primarily because few people outside HC desperates consider yet another "partnership" to sell Osteopore's products of much use. Previous distribution deals haven't increased sales, in fact they're going backwards in many countries. Investors rightly want to see the sales figures, not just the announcement of another deal.

    For some reason, some HC commentators seem to think that having a big distributor guarantees sales. It doesn't. Whether that company is part-owned by the Singapore government, or is the biggest in the world, it's of little consequence if customers aren't buying what they're representing. Like any distributor, it's not up to the company to sell the products, it's up to the buyer to order them. That is the key problem with OSX: doctors don't want it.

    Added to the low and declining sales, the debt burden OSX carries at very high interest rates, and the low cash reserves, it's clear that another CR and dilution is inevitable as the money runs out. Shares in this company – already near worthless – are going to go down further. You might get lucky if you catch a brief spike, but that spike is caused by market plays, not because the company has done anything to justify it.
 
watchlist Created with Sketch. Add OSX (ASX) to my watchlist
(20min delay)
Last
3.8¢
Change
-0.002(5.00%)
Mkt cap ! $4.564M
Open High Low Value Volume
4.0¢ 4.0¢ 3.8¢ $2.434K 63.92K

Buyers (Bids)

No. Vol. Price($)
4 398157 3.8¢
 

Sellers (Offers)

Price($) Vol. No.
4.0¢ 1000000 1
View Market Depth
Last trade - 14.13pm 07/10/2024 (20 minute delay) ?
OSX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.