What a disappointing announcement, clearly something is up here - I'd like to think that the market could see through one-off impacts of moving to a direct sales operation but obviously, they don't like it. I mean if that along with a 41% increase in revenue caused a 15% SP crash then something is off. Looking forward to some discussion and reports on about this.
Happy I kept it NAN to 2% of my portfolio, but I don't like to see any of my stocks down.
Ann: Nanosonics' revised sales model in North America, page-13
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