CDX 0.00% 5.4¢ cardiex limited

I think the damage has been done by the missed timelines with...

  1. 649 Posts.
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    I think the damage has been done by the missed timelines with Covid and the FDA Pulse clearance. A disappointment for me has been the FDA rejection of the Pulse at this stage for the OTC sales. But it is what it is and having been involved in starting a couple of startups of my own , it always takes longer than you anticipate, you seem to go down blind alleys occasionally and unexpected hurdles always crop up, so we wait to see who comes to the party. To me, the amount they are seeking doesn’t seem to be much of a big deal even before you factor in potential upside but in saying that, the market is not exactly buoyant at the moment. We have been led to believe that CC has a good network in Silicon Valley so let’s see if he can pull a rather large rabbit out of the hat.
 
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