PHX 8.57% 3.8¢ pharmx technologies limited

Ann: Half Yearly Report and Accounts, page-4

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    A profit is better than a loss but at present it is hard not to agree with your assessment Spider. So the obligation on Corum's Board, management and staff is to make the current strategy work and produce results. A combination of up-selling to the new product range and increasing market share by merger or acquisition seems to be the way forward.

    I hope that the statement "Corum is working on specific opportunities for future growth and will advise the market further at the appropriate time." means we are finally going to see some action on the M&A front and provide the economies of scale needed. It is not only Corum feeling the pinch in this space. Some of the other private pharmacy SaaS companies have to be less well resourced and could be seriously struggling to remain viable.
 
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