4DX 0.96% 51.5¢ 4dmedical limited

Just Out., page-27

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    I noted most of that in my email that am I reading too much in to the language and despite saying ‘commercial’ is the word demonstration more appropriate? I have sought simple clarification as I am a little confused with how the timeline reads as the vibe is we’ve cracked the Aus market an subsequent announcements since have said discussions have been had with stakeholders and progress to payment pathways but this is now 3 months ago and no news since. Hence my concern is Medicare, which has likely been 6 months now since app, may not be seeing this as a rebatable medical test or procedure. Something has soured the up beat tune and vibe of imminent rollout across Australia.

    I suggested they could have actually provided an update in the March 4C. Even if it said waiting on Medicare and positive discussions with stakeholders still ongoing, it’s all taking a little longer than anticipated but we are doing trials and pilots in preparation. Or we have not progressed Australia as all focus is on America so despite talk of ‘rolling out’ we have moved away from the Australian market for the short term as the opportunities are so large in the states. That’s fine but people on this thread seem to think it’s ok to just change strategy without telling anything and make lies of previous updates that people do read and make investment decisions on!

    To date no Aus trials or pilots have been individually announced on the ASX or specifically referred to even generically in Australia, not that I am aware of.

    I’m willing to be patient but seen these scenarios before, Medicare the real fly in the ointment for me. Not trying to ‘Mediscare’ people and hope it’s all OK but some reassurance would be good. It must be over 6 months since they first applied for it, and against backdrop of Covid with this revolutionary awesome tech and we haven’t been approved? Anyone know how long this should normally take?

 
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