ONTX Trade on Jan 7, 2020 11:01 from beno: Tradervue User Stock Trades.

Fundamentals

As of: September 30, 2019 (with up to date offering and share information)
Shares Outstanding: 92.117
Cash: 25.8m
Current liabilities: 8.2m
Current ratio: 3.2
NWC (total current assets - total current liabilities): 18.6m
Monthly Burn rate (net cash used in operating activities / months): 1.71m
Estimated current cash: 20m
Accumulated deficit: 397m
Book value per share (Stock holder equity / Shares outstanding): N/a
Baby Shelf Exemption price per share: N/a

Catalysts / News / Painting the picture

-Several open/closed offerings in November/December raising $21m (.20, 0.28 and 0.36)
-Will not raise capital until March 19 (90 days after closing of last offering)
-Enough cash for 1 year

Technical Analysis

-0.55 acting as resistance for swing move
-Intraday levels: 0.41, 0.45, 0.48, 0.50
-Stock still respecting trend line on daily chart:

Original Plan / Strategy

First Test long of 0.47 level

Review

Only 1/5 of my first lot got filled before it started bouncing, scratched the trade.