The statement is misleading considering WA and NT only have around ten percent of the population of Australia. The company seems to be clutching at straws now, as none of Richard's big announcements have materialised. Regurgitating information, that has already been provided, is showing the company making announcements are not imminent.
The other problem this company has is how easy is it for a person with diabetes to find out about this test. I would think not very easy. So, if doctors don't have the impetus to get their patients to have this test it's not going to have a very high take up. That's why this direct-to-consumer model is probably not going to pay dividends soon, which leaves us investors wondering what then.
PIQ Price at posting:
39.5¢ Sentiment: None Disclosure: Held
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