Ann: Hong Kong Investor Presentation, page-13

First 13 Last

Share
Profile

Follow
whytee

16,586 Posts.

2364

15/12/17

14:09

Post #: 29660642
Share

Originally posted by 6186mark ↑

Well, let's be precise about this.
(1) Firstly, it is not 15 days, it is the difference between November 15 and Dec 8, which is 23 days. So that is $6k sales per day, not $10k.
(2) In the period post the first two sales they made $453k of revenue in 62 days, ie $7300 per day.
(3) Included in the latest figures are the sale and reorder from South Africa,

This tells me that the revenue coming from the existing US hospitals has slowed since earlier this year, and also that most likely there are no new hospitals onboarded in that period.

I am quite relaxed over the medium - long term, I just expressed my view that I thought they would have had more revenue by now.

I also wonder why they are having an Investor Presentation in HK. Surely they don't need another Cap Raise, nor is this the best way to get the product into HK/Chinese hospitals.

tbh the announcement this morning has done nothing more than confuse me a little bit.

Expand

They announced about 2 years ago that they were interested in selling product in Hong Kong, but that wasn't possible until they had a distributor/distribution partner in Hong Kong. To date, that hasn't eventuated. Maybe its related to that but yes, an investor presentation would seem more appropriate for either a capital raising or a listing on one of the HK exchanges.

PNV Price at posting: 43.5¢ Sentiment: Sell Disclosure: Held
Upvote

0 Great analysis

Reply