VOLPARA Solutions (VHT) on ASX

Discussion in 'Stocks & Derivatives' started by ShinyStuff, Jun 7, 2016.

  1. ShinyStuff

    ShinyStuff New Member

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    I am thinking of buying, I don't have any - opinions?

    Ok, so this is a medical stock, they are working on an instrument that objectively measures dense breast tissue.

    This is unique as
    1) It is an accurate objective measure.
    2) It is a world first - a 3D measuring tool as opposed to just x-rays (2D tool)
    3) Deliberately working on expanding US market.

    They are below IPO (which was $0.50) and they seem to be pretty good on all accounts.

    Opinions? I am a noob to shares, but trying to learn. It seems that most of what I buy are duds and so I am pretty sick and tired of losing money!

    Shiny.
     
  2. trew

    trew Active Member Silver Stacker

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    Well they've only been listed a few months

    Have you read the float prospectus ?
     
  3. ShinyStuff

    ShinyStuff New Member

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    Hmm, I have been reading and watching interviews. They seem to have a great product, and now they are working on second phase which is getting customers to buy and subscribe for it. As it is a cloud based technology it is very cheap to replicate and they can do that from NZ and not worry about capital expenditure - limitless potential for growth.

    I was just wondering if anyone had a different opinion. Thanks Trew, appreciate it.

    Shiny
     
  4. trew

    trew Active Member Silver Stacker

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    Had a quick look through the prospectus.

    Looks like an interesting technology and they already have operations and income - but no profits.

    They floated 20% of the company for 10m and founders still have 80% of the shares, so they reckon the company is worth 50m but only 3m of sales at the moment.

    Lots of potential I guess - depends how quickly they build their sales.

    One director bought some more shares recently.


    Personally this is the sort of share I'd keep an eye on and if they start gaining momentum might buy in - don't see any particular rush to jump on though.
     

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