MVP 2.15% 47.5¢ medical developments international limited

I like the concept and I like the product.  Its the slow growth...

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  1. 575 Posts.
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    I like the concept and I like the product.  Its the slow growth of sales in thre markets where they have been introduced that concern me.  

    I also notice that no real sales information or financials are given until slide 32!!!  Lots of general info, approvals, development etc which all sounds great but an obvious side stepping of financial and $ sales info.  Only percentages are referred to which is a bit misleading.

    The markets within which the product is already in don't seem to be taking off.  Some of the percentage figures sound ok but they are off a really small base.

    From HY17 to HY19 the sales $ have only gone from $8m to $9.5m (slide 32).

    I will continue to watch but ultimately I need to sale $'s coming through not just approvals and percentages  
 
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