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20/09/19
19:47
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Originally posted by mg97788:
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Am i missing something? The HYGEA order is deferred not cancelled? and they have notified the market as to this? Hygea has advised the Company that it has commenced an internal management and organisational restructuring. During this time, the Company has agreed with Hygea to defer the purchase order aspect of the Company’s medical devices as outlined in the existing Agreement between the parties, to allow for the restructuring to be finalised. During this period, product implementation and service provisions as outlined in this section will continue. The Company views Hygea as a strong strategic partner within its US expansion strategy and has been very pleased with the collective and dynamic implementation efforts between the two groups to date
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This maybe true. But the point is when did the company find this out? I'm sure it wasn't the day before the company update came out. And that's the issue.