what a poor choice of words to say sales are imminent given past history.
they stated that in writing to the market mid last year and the sale went through Sept and then another 4 sales were pending which still haven't happened.
I know Aust hospitals have long lead times with tenders and the like to jump through and LBT should know better than to think they can predict sales and inform the market.
I really hope the sales are imminent but finding it hard to trust particularly given the fact they used the word imminent again. is that tomorrow? next week? month? year?
I think that is why we saw a significant sell off at the end of yesterday- very low trust in management. I sold half of my holdings yesterday to minimise the risk .
there is still the hurdle of hospitals, clinics putting their trust in the machines and getting it wrong could result in a law suit. we haven't seen a rush to buy YET.
this has such potential and the foundations are now stronger - let's see how it goes. GLTAH
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