OCC 0.00% 37.0¢ orthocell limited

OCC Trading, page-1603

  1. 7,492 Posts.
    lightbulb Created with Sketch. 6758
    Our new Chairman did say that was his first objective. He certainly has the professional background to do so.

    i am finding the markets so binary at the moment, globally. Loosely anything generating cash has rallied, often in exuberance, NVIDIA and the like on AI hype particularly. Anything not generating cash has been punished - even small cap AI companies. Cash burning bio-techs particularly punished, no matter their likely eventual forward earning prospects.

    OCC sits of course apart, on the verge of positive cash flows. Its like the mkts are very poor at pricing forward earnings and will only do so when they actually see positive reported earnings in print, rather than predicting them.

    I am on another stock elsewhere that has rallied 300% from.its low in 3 months on business data prints that were somewhat predictable.

    I thought OCC showing it would be cash flow positive without R&D would be enough to rally it last quarter. Perhaps it needs a cash flow positive print. End of January should be pushing towards it at least.




    Last edited by bedger: 23/01/24
 
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Last
37.0¢
Change
0.000(0.00%)
Mkt cap ! $77.45M
Open High Low Value Volume
37.0¢ 37.0¢ 36.5¢ $158.1K 427.6K

Buyers (Bids)

No. Vol. Price($)
4 70588 37.0¢
 

Sellers (Offers)

Price($) Vol. No.
37.0¢ 3775 1
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Last trade - 15.57pm 21/06/2024 (20 minute delay) ?
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