CDX 7.94% 6.8¢ cardiex limited

Ann: Cardiex Sales and Operations Update, page-12

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    I'll assume the "initial production units" are the trial production units, set to arrive first week of July per todays ann. So, behind the projected May, however that's the modus operandi here so I'm not surprised or disappointed. Craig / the team could work on more conservative projections though.

    From today;
    "The first full (3,000 unit) production run and deliveries to the US are scheduled for Q1 FY25"

    So, being CDX, to set realistic expectations, I'll allow til end of Q1 FY25, maybe an extra month, October, for the 3k units to be delivered. Getting it done per their projection would be nice, though.

    Sales news October onwards, with the pre sales demand, we'd hope they fly off the shelves.

    Keeping my expectations realistic, but, should be a merry Christmas from here.

    https://hotcopper.com.au/data/attachments/6254/6254663-e39d4c6b055d46207558a8d0b03b9981.jpg
    https://hotcopper.com.au/data/attachments/6254/6254672-8408d247dba4648df5dd589f749cc25a.jpg

 
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