Well understand this view but talk of receiving an offer in near term, in my opinion only, is premature.
the market cap of the company is value of a mansion in top suburb of Sydney, Melbourne or Perth. That is chicken fodder for a medical growth company. Just how the market prices us today.
there has been next to no interest in Oncosil for an eternity.
turnaround evident ?? Yes - but tangible steps required to prove our medical science will cut it in a sustainable way.
If a few Broking houses get back on board that would be helpful- eg WAM used to sing our praises 5-6 years prior but coverage ended when nothing followed the CE Mark milestone.
the potential now needs to be converted into tangible financial performance and incremental results won’t be sufficient to attract takeover attention - love to be wrong but my instinct is we are a couple of years off
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Last
0.8¢ |
Change
-0.001(11.1%) |
Mkt cap ! $38.02M |
Open | High | Low | Value | Volume |
0.9¢ | 0.9¢ | 0.8¢ | $23.87K | 2.948M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 929500 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 15264891 | 16 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 929500 | 0.008 |
66 | 31450848 | 0.007 |
20 | 16512999 | 0.006 |
19 | 8310198 | 0.005 |
8 | 6548488 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 15264891 | 16 |
0.010 | 13063981 | 14 |
0.011 | 12988667 | 18 |
0.012 | 7560752 | 5 |
0.013 | 5000000 | 2 |
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