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Ann: First ever A$7M Sales Month, page-62

  1. 6,521 Posts.
    lightbulb Created with Sketch. 1922
    Couldn't agree more.

    I think we've reached an inflection point. The new CEO has been in place for almost 12 months. The Board has signed off on his strategy and they are implementing it. They have released a new product MTX - which further expands their market. They are continuing to invest and grow in more countries outside of the U.S. They recently raised capital to further accelerate their growth plans. They have also completed an expansion of their manufacturing facilities to support growth. Their most significant competitor is suffering significant reputation damage associated with a product recall.

    Now we see their sales results in both the U.S and rest of the world take a significant step up. People that are more risk averse may wait for a couple more quarters of numbers backing up the story to dive in, and that's fine, but the issue there is they will need to pay up for that certainty when the time comes.
 
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