Tend to agree. More I think about it, Nano will likely have a last burst from COVID, and then few sales post COVID given that many hospitals will have more xray units than they need post COVID. I also think the key near term catalyst has been delayed - the US defence purchase. Having said that, I initially expect just a couple of sales initially, then a delay pending the higher power units. Given the announced demos though, hardly needed for a couple of token purchases, I'm now wondering if this will lead to later but a higher number of purchases. But possibly delayed for the higher power unit.
Either way the medium to long term looks exciting even if the short term possibly less so, with just the Aus defence purchase announcement due - and that new is effectively already out there.
MX1 Price at posting:
22.0¢ Sentiment: Hold Disclosure: Held
