Short Term Trading Week Starting: 12 Aug, page-17

  1. 13,376 Posts.
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    STTCOMP OSX TA LONG
    Osteopore Ltd (OSX)OSX:ASX·Healthcare
    Market Cap: $5.1M Last price: 4.3c

    Basically looking at the MC of 5.1 Mill and the fact it has now only 115 Mill SOI, this thing was pumped and dumped and now sitting at all time lows. But looking at the numbers, it's making revenue, has contracts and looks wickedly undervalued with a cash balance over 60% of it's MC!!

    Not at break even yet but recently signed distribution deals and they have minimum buys and stock purchase requirements which should see it's revenue climb. Looking at similar stocks like OCC with a 70 Mill MC, the only big difference is cash balance at 20 Mill. Revenue is on par

 
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