On Monday the 50 MDA will cross above the 200 MDA forming a...

On Monday the 50 MDA will cross above the 200 MDA forming a golden cross and hopefully some more volume to follow, keeping what has been this bullish momentum on an extremely underrated stock
And lucky for us VTI seems to bring out their quarterlies on around the 15th of the month so it could be the catalyst to add to the momentum next week
Once other investors begin to see that this $28m market cap company has regained full momentum with their $9m AUD annualised revenue which is growing
And add into the mix that two large multinationals (Menicon & Oculus) have begun selling our product globally, there really is only one way for our valuation to head
And it rhymes with orth
Cash burn will also be evident as massively decreasing so cash in the bank will suffice into September next year and as Dr Snowdy has reported, that’s without allowing for ramping up from our multinational partners
The options are definitely more dilution but can also ensure once comfortably over the strike price, that they all get cashed in and the company has more funds and possibly won’t need to raise any more capital once the company is funding its operations in full
Majority of those options have gone to the top 20 holders who have been adding to their positions during the share price decline and seem to be a massive support to this company, owning 75%
Like Stealth has brought up, the recent green volume speaks volumes and shows after knowing the top 20 hold 75%, that there really is getting less and less free float for people to play with
One day investors are going to need to pay a lot more than 3c a share for this revenue generating gem down the spec end