If you understand the story behind Nanosonic and how long it took to get their product accepted and recognised as the standard worldwide (product is a sterilising mechanism for all types of probes), then you will understand why it has taken so long for GMedical to get this far (medical devices take years to get approved), now that the doors have opened do you really think their current market cap even comes close to the future for them, take a look at Nanosonics share price rise over their life getting their system approved in hospitals and so forth.
Whoever sold today based on the CEO selling a fraction of his shares to pay down debt, smart move by the CEO by the way, thanks for that as I have been waiting for some time to buy in and have picked them up at 7c.
Again for the naysayers, just look at the example I gave above with Nanosonic, should speak for itself.
Go GMV.
GMV Price at posting:
6.9¢ Sentiment: Buy Disclosure: Held
