CDX 0.00% 5.2¢ cardiex limited

looking good, page-5

  1. 1,300 Posts.
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    Good call TDA.

    This is a classic J-curve story.

    Initial high hopes are dampened over a long period (post IPO) where management are spending big to deliver process efficiencies, build a distribution network/sales team, garner favor within target markets, spend serious dollars to innovate and build IP to keep competitors at bay and contend with the impact of market/economic factors (GFC etc).

    IMO we're at a crossroads where adoption begins to gather pace. The steeper the adoption, the greater the return for holders. Any signs demonstrating this should send this north of 20c.

    The next 12-24 months will be critical. I'm quietly confident that management can pull it off.
 
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