CGS 0.52% 96.5¢ cogstate ltd

Justification seems extremely vague to me.. nearly more 0's in...

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  1. 107 Posts.
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    Justification seems extremely vague to me.. nearly more 0's in the funds required than characters in the explanation.

    Maybe someone with more knowledge in this company and/or industry could shed some light on my below questions?

    https://hotcopper.com.au/data/attachments/1781/1781081-8170a333edcc13fc088c67a6a3924594.jpg

    Regarding the Japanese commercial opportunities:
    - what is the time-frame here before we have any real business case?
    - what regulatory clearances are required?
    - what kind of "cultural" alterations to the product are going to be required?

    Regarding the $1M for "advancement of CGS technology" :
    - mobile applications for what purpose? for client? for healthcare professionals? What proportion of the $1M is for this?
    - the design and validation of consumer engagement strategies - don't they have one already?
    - and again, what is the timeframe for these items? is this being done internally or externally?
    - why do CGS deem these items necessary for capital raise, is there a NPV type model justifying costs somewhere? Or is it just a hunch that it's a good idea?

 
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