Ann: Quarterly Update June 2021, page-39

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flummoxedtrader

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31/07/21

12:23

Post #: 54926801
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Originally posted by fattchoi: ↑

You didn't tag me but I believe you are referring to my statement. Please read it again and you will realise I am correct. Yes, the $5.57m ARR is commercial rate if 100% of them renew. But if only a LARGE percentage, not 100%, then the ARR would be around $5m. In other words, would be less than $5.57m for sure but how much, depends on attrition rate. That is why I can only say 'around $5m'. I don't expect the attrition rate to be too high, if any.

Meanwhile, UK download ranking for iPad has shown some business activity again in the UK. I hope the company will stop or at least slow right down with marketing effort to other aged care facility in Australia now and concentrate more on the UK. After all, if they are interested, they would have signed up under the government grant already. So no point wasting time on them. Just wait for the KPMG report to the government is released and see what happens first.

Locally, they should now concentrate more on Homecare through existing aged care operators. Get that market going. Those operators would already know how good PainChek is already and therefore would be an easier sell.

Righto, nothing to worry over here.
Thank goodness for the Olympics during this lock down.
Have a good weekend.

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Well done @fattchoi !!

HC - PCK forum is very privileged to have you here.

fattchoi's dedication and understanding of PCK is true diligence to the stock!

PCK Price at posting: 5.6¢ Sentiment: None Disclosure: Not Held
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