OVN 0.00% 2.0¢ oventus medical limited

yellow bars on quarterly results in the latest investor update...

  1. 33,434 Posts.
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    yellow bars on quarterly results in the latest investor update out today on page 19 are not pretty .

    I was Assuming longer lead time for sales was the reason for sales not correlating with consultations but that seems incorrect as lead time would be only be 9 weeks longer while sales have been dropping for 25 weeks IMHO .
    Maybe they need to be selling a special soft toothbrush as the O2vent is bleeding their gums dry .
    Chris potentially will be facing a bunch of unhappy investors if he steps back in Australia if sales do not improve .
    It is strange why sales are so poor considering the O2 vent has proven high efficacy compared with alternatives maybe it is because the peep valve is not being used in the USA ?
    Anyway hope sales improve as I know personally from bitter experience how difficult the USA market is after not being able to survive it after trying to make a go of it there .
 
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