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clarification, page-3

  1. 1,581 Posts.
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    Hi Matty111,

    You are close to the mark.

    The transcript is from 3 February and GV Prasad did indicate that it would take another three months or so to fully resolve the bottle necks and he also answered "yeah" to a question about that being the time for the hospital launch.

    So 3 months from 3 Feb is 3 May or so when the bottlenecks should be fully resolved and a hospital launch happens around that time.

    GV Prasad also said, in response to an earlier question in the transcript, "production constraints are not fully addressed but we now have enough material to slowly ramp up the market share".

    I think the general expectation from the transcript is that they expected to slowly increase market share in retail in the current Q with a hospital launch mid the next Q.

    ACL has indicated to media that it expects its first Fonda revenue in May which is only weeks away. It won't be long before some revenue predictions can be forecast with certainty.

    We as shareholders are in a most critical time for patience as rewards will soon be tangible.

    Cheers

    Mulac1


 
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