OVN 0.00% 2.0¢ oventus medical limited

Ann: Share Purchase Plan closes oversubscribed, page-40

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. 2,935 Posts.
    lightbulb Created with Sketch. 149

    Sounded like they have plenty of customers lined up but that they weren't building many of the devices. I think that means revenue will continue to be flat the entire FY20. Won't be too good for the short term SP, but post covid at least, things seem like they'll be on track.

    I'm suspicious of her 60-90 day delay comment, covid is still growing rapidly in the US, so if people weren't going to the labs to get their devices made initially, its hard to see that changing in the near term - and we already saw there was at least a 60 day delay in Feb/March, with essentially zero receipts for that period compared to what was expected.
 
watchlist Created with Sketch. Add OVN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.