Thanks for your fair assessment. I'm in the same boat, bought in...

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PrinceSnoopy

70 Posts.

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14/10/19

21:28

Post #: 40878932
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Originally posted by candidcamera: ↑

I think a combination of IPO investors selling at a +400% profit, day 1 on-market buyers selling at a pretty healthy profit, and the reasonable concern that the company's current share price is based on hope, not today's reality. If you view the IPO price as what the company itself thinks it is worth, then the current price is exaggerated, given that revenue was $1 million last year, its present valuation is around $100 million, and there has been no news.

Don't get me wrong, I bought in at $1 with a 1-2 year view and a belief in what the company has already achieved, its excellent products and what I think is a healthy future. But I have nothing to base that on other than optimism and research into the market it operates in.

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Thanks for your fair assessment. I'm in the same boat, bought in at 99 cents based on optimism. From what I have read, I like the potential and am willing to see it through for a year or two.

OSX Price at posting: 91.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 1.2¢		Change 0.000(0.00%)		Mkt cap ! $2.081M

Open	High	Low	Value	Volume
1.2¢	1.2¢	1.2¢	$2.36K	196.6K

Buyers (Bids)

No.	Vol.	Price($)
8	1035326	1.1¢

Sellers (Offers)

Price($)	Vol.	No.
1.2¢	4106	1

View Market Depth

No.	Vol.	Price($)
7	945326	0.011
9	1151000	0.010
5	406000	0.009
1	150000	0.008
1	200000	0.005

Price($)	Vol.	No.
0.012	4106	1
0.013	502202	2
0.014	316666	2
0.015	572510	2
0.016	684274	2

Last trade - 14.54pm 19/06/2025 (20 minute delay)

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