VIT 1.04% 9.7¢ vitura health limited

hardman - it may be worth your while reading through Colltech's...

  1. 709 Posts.
    hardman - it may be worth your while reading through Colltech's announcement of 29/03/2007 Chairman's Presentation at City Group Micro Cap Conference. Page 7 details plants current capacity as 10,000kg/mth and graph also indicated that they expected to be running at 20% by now, but we all know they haven't sold a thimble full as yet. So as you can see capacity isn't an issue.

    My understanding is that cosmetic grade collagen is $1000s/kg and medical grade is worth $10,000s/kg. If Colltech had only achieve sales requiring only half the expected output as per page 7 then the sp would be well above the ipo price, revenue would be greater than expenditure, we wouldn't have had major dilution and we would have a cash cow in the making.
 
watchlist Created with Sketch. Add VIT (ASX) to my watchlist
(20min delay)
Last
9.7¢
Change
0.001(1.04%)
Mkt cap ! $55.85M
Open High Low Value Volume
10.0¢ 10.0¢ 9.7¢ $23.72K 240.3K

Buyers (Bids)

No. Vol. Price($)
1 9999 9.7¢
 

Sellers (Offers)

Price($) Vol. No.
10.5¢ 162123 6
View Market Depth
Last trade - 16.10pm 09/07/2024 (20 minute delay) ?
VIT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.