i think we will see another announcement pre open and another run away gap.
possible announcements:
- ethics approval for their new obstructive sleep apnea technology.
- divestment of Vibrovein Marxman which according to MD "determined to ensure that the sales process recognizes the unique value of the brand and provides opportunity for shareholder upside" - from 30/April/2015 ann.
multiple products including turbine (already generating revenues) and Mute which is a shelf-ready product expected to make money this year.
long term distribution agreements with majors including Sigma (900M company), Symbion (which owns Chem-mart) and now Redmed (9BN company!)
and as you mention, a lot of options @6c... do you know how many? is it 267m? if so, that's 16m in the money options
MD also mentioned that revenues would reduce cash burn so don't think a CR is necessary at the moment.
all very very exciting
the makings of a beast imo.
8c is next target then 18c (100m CAP) imo.
Cheers,
TraderRR
RNO Price at posting:
5.2¢ Sentiment: Buy Disclosure: Held
