OVN 0.00% 2.0¢ oventus medical limited

Yes - I too saw that very chunky top-line bid at 78.5c...

  1. 16,955 Posts.
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    Yes - I too saw that very chunky top-line bid at 78.5c

    Additional contracts are imminent & the quarterly isn't too far away now either

    Looks to me that the buying is getting more & more aggressive as there are so few holders looking to let any go - you can see that by the very thin sell side & the light volumes going through ... i.e. if you want a decent position, you'll need to chomp away

    The 4C (Quarterly) is going to be very interesting by way of the activities statement part - Very keep to read the commentary on the traction being achieved via the rollout

    Not expecting anything by way of revenues given they only just began the rollout program & the latest update explained the time-line for cash flow receipts from signing the clinics & then treating the patients

    Presently, it's all about scale scale scale for OVN

    IMO They've got a cracker of a product which is FDA approved & are looking to challenge big-brother Resmed in their key markets of USA, Canada & Australia
 
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Currently unlisted public company.

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