Wink, I really (REALLY !!) hope you are correct in your prediction, I really do - but I have to be honest to have serious doubts for following reasons :
1) Management- from what I've seen so far, our company is ran by people who are less then competent to run a public company (to put it nicely) - look at the way they announced FDA approval, their arrogant behavior at AGM etc. etc.
2) Future earnings - most people here (including myself) seem to believe that CZ partnership will make or break this company - but will it ? Look the the CZ related earnings from financial report, does OIL get any significant royalties from sales or no royalties for first n years / 100 units sold (pure speculation on my part !). The last update talks about CZ partnership on page 16 from 18 page presentation - does that sound like company's most lucrative venture ?
3) Price action - there is simply NO BUYERS (except for you Wink, spending your pocket money). When things are happening on the background, someone ALWAYS knows !!
As I said, hope I'm wrong on all counts....
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- Ann: OptiScan March 2019 Presentation
Ann: OptiScan March 2019 Presentation, page-16
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Last
16.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $129.4M |
Open | High | Low | Value | Volume |
15.5¢ | 16.0¢ | 15.5¢ | $8.8K | 55.75K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 27533 | 16.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.5¢ | 51052 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.040 |
1 | 23529 | 0.034 |
1 | 63140 | 0.033 |
1 | 25000 | 0.024 |
1 | 60000 | 0.021 |
Price($) | Vol. | No. |
---|---|---|
0.044 | 20000 | 1 |
0.045 | 93965 | 2 |
0.048 | 100000 | 1 |
0.049 | 225000 | 1 |
0.050 | 87172 | 3 |
Last trade - 11.42am 26/11/2024 (20 minute delay) ? |
OIL (ASX) Chart |