RHT 0.00% 4.6¢ resonance health limited

AI will benefit in that it(i) produces more accurate...

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  1. 429 Posts.
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    AI will benefit in that it
    (i) produces more accurate results,
    (ii) provide quicker turn-around time,
    (iii) cut down human labour costs (but some level of human expertise is still required)

    Where I think AI will make a difference is with the distributorship agreement with EnvoyAI and any partners.
    It gives RHT a competitive advantage.

    Q4 19 marks the about 9 mths since FDA approval and the EnvoyAI agreement. We should see some benefits trickling through but I think Q4 19 and Q1 2020 results will be the most exciting. As the clinical trials are approved and FerriSmart is used we should see a vast change on revenue.

    What i like are these statements:


    "the addition of a further 60 hospitals and imaging centresusing Resonance Health services either commercially or inclinical trials; and"

    "Clinical trial work won this financial year resulted in a combined total dollar value of approximately US$1,530,200 (see ASXannouncements dated 23 August 2018, 29 October 2018, and 31 October 2018)."





 
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