Attended the agm yesterday in Melbourne
I would disagree with the highly competitive field they seem to be the only ones in this space with a "medically certified platform" and their system bodytel can talk to any devices on the market any brand which is very good
Was very good to meet and chat with Stefan lots of things going on they are talking and dealing with all the big players he really has very close ties with Roche, b.braun German telecom it will be an exciting next 6 months once they start connecting these devices (diabetes b.braun for example) just waiting on certification of new Bluetooth device then SAAS kicks in $6 per patient per month I think there's 300,000+ patients on older device
Spoke with niv apparently there's been one big seller (fund) who is just about all done (200,000 left from a large number of shares ) he expects this overhang to be gone this week and then the sp can start to move up again, they are selling due to a large amount of investors pulling out of their fund.
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