Just a bit of reflection.
I truly believe CDX is on the cusp of re-inventing vascular health to the consumer, utilising the latest developments in sensor technology and combining this with 20 years of company knowledge around CBP.
However, as a general rule of thumb I see the daily SP as a lagging indicator for new technology breakthroughs on the ASX. The emotion of the technology and company in question seems to follow the Gartner Hype Cycle for these types of micro caps rather than a deep seated analysis of the the technology in question and it's commercial viability.
I would place the " emotional hype" of the ConneQt Pulse and Mobvoi Smartwatch somewhere down around " Trough of Disillusionment ", and the SP reflects this. After the AGM presentation I am confident that the "slope of enlightment" will soon be upon us ... now really is the perfect time to invest ( IMO, trying not to be a blatant upramper here ). Also, I don't see the plateau as a plateau of the MC of the company, quite the opposite. It reflects a plateau in the hype ... in other words the technology is accepted, understood and regularly applied. As adoption of the companies technology proceeds, the bottom line of the company begins to reflect this, as does the SP.
IMO. Not Financial Advice.
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