Love your work TA007. Wow you have put some work in today.
As always I will add a little on the 'well, there is a few things that might mean this is not bouncing straight back into the 20s and the march on up to 30+.'
Naturally the company is in damage control and putting a positive spin on what has unfolded. All compnies do it. We see that time and time again where a company's annual presentation reads like every metric you want to use, it is flying, and the analysts rip it to shreds and the SP falls by double digit amounts for the next few days.
Everything the company and yourself have posted makes logical sense. But so did everything leading into the recent decision (ie - very little to no chance of it getting up).
What if other jurisdictions do in fact also make the change? What if surgeons don't want to use this other method of using the device? What if a partner for 2RT isn't found in the next 12 months)? If these factors even simply only continue for another 3 months into the new year, with not much excitement able to be generated from the half yearly, I can't see how we end up over 20.
We are sitting at a major support technically @ 18.5. No surprise it opened and immediately went to 18. If we drift below it, from a TA perspective, we could be looking low teens in Nov.
Just giving the opposite side people... My head felt like a few tequilas had been slammed and we were in the beast mobile, tunes blasting and onto a party with a plethora of babes in attendance.
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