EYE 6.06% 15.5¢ nova eye medical limited

News: EYE Nova Eye Medical To Raise A$8M For Expansion Of Glaucoma Surgical Device Business, page-31

  1. 3,485 Posts.
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    Well this is very disappointing!
    SP will drop significantly when it opens and not just because of the raise price but because sales are bad.
    Management have dropped the ball with the negative growth in China.
    Also worldwide there is 0 organic growth.
    I suppose if I had early signs of Glaucoma and the doctor said "I can stick a needle in your eye or you can just take eye drops", I'd take the eye drops.
    I'm not selling out though, I'll give it 6 months and see if management can improve their performance.
 
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