CDX cardiex limited
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Ann: Corporate Update, page-7

  1. huggybear_dk
    1,507 Posts.
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    30/06/23
    09:38
    Post #: 68547285
    Big clinical trial cancelling early. So if I am reading correctly they plan to keep the 2.2 million already received but will not be getting any more cash. Previous total was around 10 million if I am right? Not great.

    No mention of funding. I'd love to know how they've funded the last 3 months. No mention of upcoming US listing.

    Also the Cardiex catchphrase doesn't site well for me "in the coming months". We all know what that means.
    "We are currently in the preparation phase for trial production before we move to mass production in the coming months"

    The back of the bottom drawer for me.

    CDX Price at posting: 15.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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