It was a very impressive quarter. Showed the business was humming leading up to the virus.
Respirator sales now supporting fall in new masks sales.
There will be a backlog of masks sales and new diagnosis of sleep issues. At home testing is building and no doubt there will be a bit of a silver lining from this for RMD.
They signalled further respirator sales as the virus continues to trigger around the globe.
Still working on the $30m contract for respirators for the US.
The next quarter could go anyway but leading into this RMD was humming. European sales increase particularly strong.
Ask me where the SP will be in a week or a month I would guess. In a year, I'm pretty comfortable saying higher. In 5 yrs Very confident it'll be considerably higher.
That's what matters to me.
As for a muted response share price wise. Up over 3% on Ann day when the market was down 5% and up again today.
Great quality company IMHO.
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