so the 10 mill from the last cr wasn't enough....

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darka221

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03/12/19

19:55

Post #: 41776787
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Originally posted by justreading: ↑

A little piece of skuttlebutt I heard was the money being raised is to accelerate regulatory submissions and FDA approvals into the key US market for CelGro bone dental and nerve repair.

Sounds to me like the results from the clinical trials so far and the feedback from the market is positive enough to the point OCC want to get this moving as quick as possible and that takes money.

Lets face it the money.....the really big money and market is the US and the sooner we can get our products FDA approved over there, the sooner this company will get the re-rate it deserves.

Means establishing a presence over there and engaging Key Opinion Leaders to raise the awareness of our products and the benefits of what we offer compared to our competitors.

Just remember a key competitor in the US uses pvc pipe in it's nerve treatment and this company is generating $80m in sales annually...

Sometimes you can't see the forest for the trees!
"It's a widely known saying that is accepted by many as truth whether they are talking about issues in the workplace or about life in general. You-can't-see-the-forest-for-the-trees means that we sometimes cannot see situations as they really are while we are in the midst of them."

Probably some short term pain now but that's the cost to quicken the process to realise OCC's full potential.

No doubt we'll have both sellers and buyers tomorrow so it boils down to what do you want from OCC and what is your investment time frame??

I believe the winners will be the ones who take the longer term view not the short term view.
Rome wasn't built in a day and OCC needs to build a strong foundation.

Enough of my rant and good luck with whatever you decide to do tomorrow.
Cheers

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so the 10 mill from the last cr wasn't enough....

OCC Price at posting: 56.5¢ Sentiment: Hold Disclosure: Held
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so the 10 mill from the last cr wasn't enough....

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Bellevue aims for 45% production increase by FY 2028, announces $150M placement

Perpetual sniffs TREOs beyond 4000ppm at Raptor play in Brazil

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so the 10 mill from the last cr wasn't enough....

Top Stories

Geochemical work at Newington picks up gold and copper anomalies for Midas

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

Bellevue aims for 45% production increase by FY 2028, announces $150M placement

Perpetual sniffs TREOs beyond 4000ppm at Raptor play in Brazil

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