I have a heavily skewed med-tech portfolio as well.
The Brazillian health system is just a stepping stone to prove the product as well as keeping manufacturing costs down. I would guess that Sth America an easier market to enter than somewhere like Germany. So this is a bigger leap forward in my opinion. Eventually there will be some momentum and it will be bought by excited expecting parents.
Parents spend anything between $300-$1500 or even higher for a kid's birthday party so a device of this sort is affordable new parents who want it in the home.
It's definitely a longer term hold.
I have a heavily skewed med-tech portfolio as well. The...
Add HMD (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.03M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 213674 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 150000 | 1 |
View Market Depth
| Last trade - 16.12pm 29/07/2024 (20 minute delay) ? |
| HMD (ASX) Chart |
Day chart unavailable