Hi MG
GMV IDTF facility monitored 28,000 patients in 2019. So an extra 2000 is only an extra 7.1% increase.
Based on $1.4m that's an extra $100k in revenue per quarter. or $400k a year.
Still good news. But the market is looking for the real GMV to stand up and delivery prizma and patch sales in the US.
I suspect this news is trying to calm the investor backlash at the AGM. Get the resolutions pasted. Then drip feed some more substantial announcements over the coming weeks and months.
But I agree, at 6c it's still cheap and could easy move much higher with more revenue based announcements. Let's hope yacov can keep the momentum going.
Let's see what tonight brings....
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