The 1:10 consolidation was supposed to put a price on the SP to support the Naz IPO. That catastrophic failure and the delay in getting Pulse to market has had the opposite effect. Now we find ourselves effectively back to where we were in '21 with a (literally) decimated MC. The webinars were mesmerising in their positivity with me faithfully transcribing them word-for-word. World domination? Makes me feel ill just thinking about it.
Have been wondering for a while if the CDX IP isn't in the sights of a predator with sufficiently deep pockets to stress the SP and force the company into capitulation. Wouldn't be the first time it's happened on the ASX. Omron obviously comes to mind.
The only thing in the positive ledger is the money Cooper and Niall continue to throw at it. Hats off to them if they pull it...off.
Don't understand why we didn't get the Quarterly yesterday? Can't have been that hard to get it out on time.
CDX Price at posting:
13.5¢ Sentiment: None Disclosure: Held
