phytokaiser1
1 year ago
From new 10Q. They dropped their burn rate a little more. Looking like 6 months of cash on hand starting Oct 1. They will need money before their new target data.
Date Cash Burn Rate
Friday, March 31, 2023 $15,301
Friday, June 30, 2023 $10,754 $4,547
Saturday, September 30, 2023 $7,617 $3,137
81vette
1 year ago
I think your right,latest 10k showβs employee stock program approved,10.75M cash on hand,look at latest quarterly to see cash used to figure burn rate,they have no revenue yet unfortunately, FINVIS might show a burn rate(lots of great info,I use it often,scanner is best I have ever used,lots of factors)
eddyimano
2 years ago
-10/5/22 they held 1.416M shares at around $9 per share.
-They start unload since 1/6/21-3/30/21 for 929,307 shares.
-during that time it hit as high as $23 per share.
-after that, they are keeping unloading a little by little.
-as of 9/30/22, they still hold 271,860 shares.
-I wish I could send picture of what they did.
*IMO, they will keep unloading slowly and most likely, they will sell everything. ONVO was high risk, high return. Now IT IS βHIGHER RISK, HIGHER RETURN.β My wife needs liver transplant, I am hoping this company to do well, so whether risky or not, I bought some and holding. I am praying.