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re: Ann: iSonea to Develop New Asthma Mobile ... Get real...

  1. kiril
    2,892 Posts.
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    15/02/12
    10:43
    Post #: 9695428
    re: Ann: iSonea to Develop New Asthma Mobile ... Get real people.

    This announcment is just hearlding a plan, nothing more.

    They now need to create and manufacture the device, then they need to market and distribute it. Then assuming it has good market penetration and sales success, we could be looking at 2-3 years from now.

    How much capital will they need to raise over that time to keep the wheels turning. We will see twice the current amount of shares on issue by then. Lets get real people, we are not going to see a market cap of $30-40m for a company with no real revenue.

    This is day traders hoping on and off.

    Kiril
    ISN Price at posting: 10.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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