You've clearly done your research avspencer, and thanks for your input. On a macro level, I think the purpose of a forum for shareholders is to provide solid information as you've done, but many people treat it like a social network and post meaningless, insubstantial thought bubbles. I don't care if the comment is positive or negative, as long as it has some basis.
I agree with what you've written. The thing that perplexes me is why the company went for such a small amount of capital in the IPO. I'm not in the medical research field so don't know the real costs involved, but it seems to me that $5 million is chicken feed when it comes to a substantial and ongoing marketing campaign. Especially when considering OSX is up against existing big players in the field who may already have, or be considering, a rival product. Is there some kind of competitive advantage that OSX has and can sing about in its marketing? What are your thoughts?
I admit that part of my reason for investing was a belief (unsupported) that the low amount of IPO capital raising was a positive sign that the company believed its organic growth would generate the real amount needed for a marketing push. But I would expect this confidence in its ability to greatly increase revenue – quickly – to be backed up by significant announcements shortly after listing.
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You've clearly done your research avspencer, and thanks for your...
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1.1¢ |
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Mkt cap ! $1.907M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.1¢ | $346 | 31.41K |
Buyers (Bids)
No. | Vol. | Price($) |
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11 | 1436636 | 1.1¢ |
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Price($) | Vol. | No. |
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1.2¢ | 874885 | 2 |
View Market Depth
No. | Vol. | Price($) |
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9 | 1295727 | 0.011 |
8 | 1051000 | 0.010 |
5 | 406000 | 0.009 |
1 | 150000 | 0.008 |
1 | 200000 | 0.005 |
Price($) | Vol. | No. |
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0.012 | 874885 | 2 |
0.013 | 506308 | 3 |
0.014 | 150000 | 1 |
0.015 | 572510 | 2 |
0.016 | 684274 | 2 |
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