Sometimes I can't believe how undervalued CDX is compared to other wearable device makers. Oura ring and the Whoop band got valued at 2 billion USD $ together, That is absolutely crazy when you think that the Conneqt band can do all of their functions and many more plus top of the range vascular health readings....CDX's wearable Connect band with the linked app is such a superior product to any competing device.
On top CDX got the ONLY health wearable with CPT code compliance...what means heaps of extra income for CDX compared to other players in that field...
It's pretty obvious that CDX got something really unique...and now its all about marketing and branding Conneqt, what looks like it's already happening 9 month before the launch of the product....
So...how do you want to value CDX? Only validating CDX on the upcoming launch of Conneqt compared to other competing products I can see a 10 to 20 bagger in the makings...and there is so much more to come. At a market cap of 75 million $ CDX must be one of the best value plays on the ASX and I am feeling very confident with my investment....so confident that I made it into the top 20...
No wonder Coops and Co are happy chappies with their 50 cent performance shares.....
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