EYE 0.00% 22.5¢ nova eye medical limited

I hold Avita and have seen how much the market slams companies...

  1. 459 Posts.
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    I hold Avita and have seen how much the market slams companies when it looks like revenue growth is struggling to deal with cost escalation. And if the market sniffs a near term CR then the SP gets crushed. That said it wouldn't be hard to find some still a way off profitability and with revenue not much higher than Eye but much bigger market caps. At $51 million and around a PS ratio of 2 I can only call this undervalued. That only makes sense though if you're playing a longer game which is my situation.
 
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