It wasn't late. I had a good read over the weekend and hoped somebody might put their thoughts on paper. I'm not good at this but I'll give it ago.
We have 2 ways to look at this 4c, with a negative here we go again vibe, which is what this company deserves or as a holder I'm going to break it down and see if there are any positives.
ACERT - changes have been made blah blah blah, heard it all before (negative). Well have they been in talks with someone and it's a clear list of changes, so has someone told them they'd be interested if they did x,y,z? (blind optimism).
OSMOFLO - Still on going, blah blah blah (negative) Why are they adding automation and sensors if they didn't see an marked improvement or possibilities? (blind optimism).
R & D - Can someone clear this up for me? It starts with Surface sterilization but then talks about air purification and not needing a neutralizer in occupied spaces. So does that mean they are talking about a device that does both air and surface sterilization? This was mentioned a while back, just a little confused. Any ideas?
Overall i thinks it's a good update, the issue being how is it different than before? As mentioned by someone else this statement sums up Po3. "focused on demonstrating PuriflOH’s effectiveness in delaying" .........
But 8 million MC compared to $180 million before old mate Billy boy left. Is it a sell, or a hold, or a buy for a gamble? Before anyone responds, the ASX penny's are all a gamble, so get real. Not much action going on SP wise, not much to buy, but not much selling either. I'm in 2 minds, they're pretty cheap right now, but is it just beating a dead horse in doing so? Trying not to be a bias holder, but for me it's interesting we have some of the changes or upgrade requests, but the lack of any news on Covid testing makes me want to scream. Aged care facilities are all over the news this morning about stopping the spread. This means current methods aren't working, so SERIOUSLY MANAGEMENT WTF?
Interested in seeing if any of our old guard plan on giving us some of their wisdom on this one? (crickets.....).
