Ann: Nanosonics Business Update, page-3

Disagree Letty711 - getting rid of GE will increase our margins as no middleman and we're direct to customer model. If GE was making 20 - 30% GM, this is a significant increase in revenue and GM% albeit a significant portion of the margins will be used up for the sales teams/ inventory and other expenses.

I read this as a positive - would have been different of the transition wasn't collaborative, but as it stands our topline revenues will increase and the bottomline should also show improvements.

My take is that this will take approx 6 months to show in the next reporting period (i.e. Dec 1/2 yearly) - therefore share price will continue to face headwinds at least till then (unless something else changes).

DYOR and all the best to the long-term faithfuls