Seriously, it just creates buying opportunities. My flow chart:
Is current cause of market-wide sell off likely to materially impact the long term prospects of this company or the market it serves?
i.e.
- Is our supply chain likely to be materially impacted? I’m not across our supply chain, but I’d guess given our product and scale - no
- Are there going to be less OSA sufferers, or are they less likely to buy our solution - no
- Will we have problems with capital or servicing debt? No debt issues, and given the progress we’re making and how close we are to scale which gets us to breakeven - no
Next, do these announcements materially strengthen the company’s long term prospects? Obviously a resounding yes.
Finally, does the movement in price this week reflect the above points? Hmmmm...
All IMHO.
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