It will come. Something else I am in in the sector doubled today. Its a risky punt, but prices are just silly for the tech alone in four or five I could mention.
Australia is a poor place for biotech investment. Unless they are making headlines they dwindle in share price. I've always practiced disciplined selling of OCC and all pre-commercial bio-techs on announcement spikes to buy back in lower again (always net more stock each time in OCC). Not big money, but at least I am not losing. I won't be doing that anymore on OCC. Its no longer pre-commercial. Its doing the deals. Management are still tardy and poor communicators as we all have complained over the years (ATI results late again), but its a far more professional and appropriate board now - what I was pushing for a few years ago. PA desperately tried to signal value to the market with buying recently, albeit crap amounts. The market (i.e. investors) did not listen.
I don't come on OCC threads much anymore. No need. This Veritas report says very professionally all that I have been boring everyone with for years. ATI results. Appendix 4c end of July. August results. A Remplir/ATI deal. It will pop as it has in the past, but hopefully this year, with emerging revenues from Striate and other deals, the price rise sticks.
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Last
38.5¢ |
Change
-0.005(1.28%) |
Mkt cap ! $80.59M |
Open | High | Low | Value | Volume |
39.0¢ | 39.0¢ | 38.0¢ | $31.21K | 81.11K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 57705 | 37.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
39.0¢ | 1315 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 22705 | 0.370 |
5 | 93663 | 0.365 |
8 | 233743 | 0.360 |
3 | 38833 | 0.355 |
4 | 70714 | 0.350 |
Price($) | Vol. | No. |
---|---|---|
0.390 | 1315 | 1 |
0.395 | 4908 | 1 |
0.400 | 57455 | 4 |
0.405 | 41110 | 2 |
0.410 | 53285 | 4 |
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