thanks EG ..
re my "sobering " post ..
I would like to point out over 12 months ago I was posting re the change required with the "hearts and minds " of medical world and doctors of which this post is a continuation of .. I've mentioned this multiple times so for me today's post is not new or even a change of heart .. it is though very important to understand what has been happening and why .. and why PB etc have been hammering all the conferences/conventions etc expressly for this..
re "the change is coming" .. first time the Co has given any sales guidance at all .. I have high conviction re that .. .. guess you can call that coming from actually speaking with people in the Co multiple times for ages to get much more understanding and perspective on things other than reading ASX reports and/or listening only on 4c calls.. every share holder can do that but .., do they ..?? huge part of part of DYOR for me...
you reference Ric V and what he told us all .. yes SP went up with FOMO from all of his pump and hyperbole .. results as promised by Ric didn't appear in any form and now we are in reverse FOMO as clearly it is harder to sell than anyone thinks...but it will happen and lets see the numbers this qtr as a start of that... ( ref my post above ) re SP, my take is after say 2 good qtr's market sentiment will start to reverse.. or even better.. as one analyst I spoke with said , this being their view on the stock when these occur.. " it will then be away " ..the share price that is.. question that each person will decide for themselves is .. " what is a good quarter..? " that will get this change in market view underway..??
re "the market" .. my take is it is there and is as Ric said HUGE, one of the very few things he ever said that I agree with . it just takes time to get running.. thats the medical world.. evidence for the market is all the guidelines and papers published.. together with SaaS contract price renewals that have and continue to occur every qtr.. most hospitals running multiple devices themselves.. average NCCN hospital/clinic currently using is averaging 4 devices .. then there are over 6,000 hospitals in us .. and over 24,000 clinics.. the market is huge.. and real .. if you plug in the how long does it take for docs to come around factor and it all fits..
re docs and hospitals and budgets.. yes as you say re those .. the detail here again is that in the US they have a different system to us.. re AUS market if medicare covered SOZO testing here .. how would that change the AUS market and usage/revenue model for all participants..?? substantially I would say in all regards..
lastly, for me I don't take what PB says re sales as an excuse.. I take it as reality ( each to their own ) .. put the pieces together re medical world resistance to change etc etc with everything else and it all fits to give that understanding.. my take..
I strongly recommend to all .. reach out to investor relations and line up a call to discuss whatever you need..
as always.. each to their own .. DYOR.. and accumulate ..
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