MM, you ever wonder why the Orthocell share price seems to be stuck in a big pile of dog shit, never really going anywhere.
Management can never really ( capture the market )
They never buy on market
Our turn over day to day is a disgrace
If this was a private company it would have folded years ago
Lets have a look at Afterpay, not a new idea but management got the market believing in this new way to buy things, with more and more traders jumping on board the share started at 3 dollars, balloned to over 160 dollars within four years of trade, not bad for a company with next to zero profits. Massive turn over buying and selling day to day trading
Another biotech company IMU 2 cents for years, a few great announcements and 60 cents within a years time, a 3 billion dollar company, back down to 12 cents, now trading at 25 cent. 100 million in the bank with some great pipeline. Massive turn over day to day trading
Bitcoin, what can I say 10000000% profits for some, a company ( idea ) worth a couple of hundred billion, they don’t produce anything, they don’t make anything, there shares are not supported by anything ( like gold ). Massive turn around day to day trading
These companies have all captured the market, because investors can make money trading Long Tern or day to day
Orthocell, next to no interest, an increase in share price always shot back down by lunch time, 50-300 share traded day to day. Management just pulled off one of the greatest partnership possible for Striate+, a profitable company for the next 25 years from the one product, still no interest. Maybe a new better marketing team might be needed.
The bottom line, INVESTORS want to make money and Orthocell isn’t even in the barrel when they are picking out the next big company to make billion on the ASX.
Sad but true.
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