The SP action today is merely noise.
The product announcement is an undeniable positive for the company, but remains as just that, a product announcement.
There will be questions that need addressing such as capital needs and current cash flows. I suspect these will be provided in due course and will provide further insight into the financials of the business.
Without diminishing in any way my excitement for the product expansion and responsible timing of its delivery, I still expect the company will need to tap the market. Shorters will be holding out for it. Until this important matter is clarified, expect a significant overhang of stock available to be bought at the currently attractive price. How long this remains the case is the main uncertainty.
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Ann: NUH Launch New Suite of Smart Hearing Devices at CES 2018, page-45
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