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$ONCI....It is time to buy this MOST undervalued

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DewmBoom Member Level  Wednesday, 07/17/19 08:11:52 AM
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$ONCI....It is time to buy this MOST undervalued stock on the penny stock exchange?

At the Beginning of FY2019, the stock price was at 0.0018 and the OS was at 4.5 billion shares. This will amount to a Market Cap of 8.1 Million Dollars.

The Market Cap today, assuming an OS of 3.9 billion shares is 1.56 million dollars.

In Summary:

Market Cap at Beginning of FY2019: 8.1 million dollars
Market Cap Today: 1.56 million dollars or a reduction of 80%

Revenue in the first 6 months of FY2019 is 2.9 million dollars with a net of 1.1 million and a positive cash flow of 1.2 million dollars. Based on this, both price to revenue and price to earning are below 1, which makes it by far the cheapest stock on the penny stock exchange.

This is how pathetic trading gets in a bearish Market Sentiment. This is why Dewmboom is very bullish on ONCI.


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