WOW NAN, page-69

Yes the market is drifting lower with respect to NAN.
NAN is stoney silent and the market is concluding that all is not well in Nanosonics. The market did that last year and NAN kept its silence until the annual report.
The USA is key. The news out of the USA is bad and daily getting worse. COVID 19 is getting a free run. And the hospitals are filling up. Mr Trump is Mr Trumping. The USA is divided into those who wear masks and those who don't. The market is assuming that NAN cannot get access to hospitals to do its sales pitch.
I see it differently. The whole environment in relation to personal hygiene and hospital disinfection is changed utterly. Personal hygiene and facility disinfection has been raised to NO 1 on the priority list. Disinfection at whatever cost.
It is most likely that the hospitals etc are approaching NAN and asking for the gold standard of HLD ultrasound probe disinfection. Yes COVID is susceptible to LLD probe disinfection. This is a manual process and is subject extreme variability in the way it is done and prone to large errors. Ho0spitals will gho for AUTOMATIC HLD of probes for the security of peace of mind and take some pressure off the Health Care workers. And then the use of consumables!!. Ultrasound as a modality of diagnosis has boomed up the device of choice chart. And then there is the NEW PRODUCT.