Ann: Appendix 4C - quarterly, page-4

  1. 16,908 Posts.
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    You need one of those posters with a heart symbol to spruik it after taking a position.

    I will give you my opinion , limited share's available so very illiquid and not much appeal to the traders. Revenue still low so not much interest from investors. Not much cash so some may be waiting for next raise. If company was sold or taken over it would go for no more than 3 to 5 times revenue which is like 5m to 7.5m imo , revenue may be rising but with these medical device companies most revenue isn't recurring so you have to spend more on marketing and R&D to get new clients and keep coming up with a updated version of current devices to convince those who already own one to upgrade. Revenue of a few million per quarter will see some interest from investors/traders.
 
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