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1.89% 5.4¢ cardiex limited

Ann: CardieX Update on the Acquisition of 50.5% of inHealth, page-211

  1. lexcorp
    8,022 Posts.
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    02/08/19
    08:22
    Post #: 39823414
    It's basically about being able to show the ASX that the company can self fund itself.

    Before they went from reporting 4c's to half yearly, the company was stringing together cashflow positive quarter after quarter ( you generally have to do this for at least 2 years or more)

    That's how they can move from reporting 4c's to half yearly
    CDX Price at posting: 2.6¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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