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Ann: Felix device validation testing delayed, page-21

  1. 7,783 Posts.
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    Still good medium to long term hold, depending on the extent of the fix required.

    The more I think about it, we were hoping for early markets to take on and start using while getting approval and support for other markets, with a cap raise required anyways.

    Now we have delays in those early markets to make sure the finished product is up to snuff. The tech works, from what I've heard on the grape vine, and the company has confirmed that (although I'm very wary whether they are being completely forthcoming).

    We dipped down to valuations that we were at previously before word of impending early market access. So these levels should be good to top up (I'm going to see what happens in the next few days, personally, and average down).

    In the background we are hopefully still making progress on aussie markets and other higher regulatory markets.

    And with covid on the downtrend in our early access markets hopefully their testing times once we get a fix will be shorter due to increasing customer volume.

    Was personally hoping for a nice short term pop, but wasn't planning on selling. So might as well take advantage of the sale and continue accumulating for when we do finally commercialise.

    When I see the board start to sell I'll be doing the same.

    IMHO GLTAH

    Edit: Also how this isn't price sensitive is beyond my level of understanding.....
    Last edited by DocMcstuffins: 08/03/21
 
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