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I had a look at the OVN company reports today. I see that some of the management team have come over from Fisher and Paykel. Now that the recent froth has come off the SP it looks like a good time to enter.
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Download Document 1.98MB Just listened to the presentation. Yes there are X Resmed people there too. a quality looking team who came knocking.. I hadn't realised how much the pathway and experience for the patient has been simplified and is much quicker and more efficient saving alot of time.. Its a work in progress ,im expecting next year to be the big one with many more sleep centres signed. At an Inflexion point now is good description though.
Later. It may have been the sleep centres that came knocking or both, cant remember.
Last edited by Joshuatree; 22-11-2019 at 07:24 PM.
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Appendix 4C - quarterly
Funny , they are delivering what they said and more yet s/p hammered today.Im sitting on my holding atp.Seems alot of short termism happening on H/C , greed,ignorance ? Their baggage and loss unless they are trolling the s/p down for an entry. Thoughts anyone, RRR ?
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130,529,717 shares on issue.
At 35 cents per share the Market Cap is $45.6 mil.
Revenue for the December quarter was $112,000.[note a small toy shop would have done more in just December].
Expenditure for the quarter was $3.15 mil.
So current expenditure is 28 times revenue.
Therefore a lot of future revenue is being built into the share price.
Whether or not OVN can get the revenue the market is expecting,only time will tell.
Last edited by percy; 14-01-2020 at 08:32 PM.
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Yes i believe it can and will.thanks but i was asking any holders who've done their DD.
Last edited by Joshuatree; 14-01-2020 at 08:46 PM.
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Is the product on www.snorex.co.nz any different.?
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I rest my case You could start by reading the threads on here.
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Originally Posted by Joshuatree
I rest my case You could start by reading the threads on here.
As always I do my own research.
That includes "whole" threads,right from the start.
In this case only two pages.
Plus I have read the thread on HC.
OVN needs some very serious revenue.,
Last edited by percy; 15-01-2020 at 10:27 AM.
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Great i will leave you to find where it is and where it will come from, very early days here. DYOR.
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Originally Posted by Joshuatree
Great i will leave you to find where it is and where it will come from, very early days here. DYOR.
Agree very early days.
Interesting company to watch,and remains on my watch list .
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