nice work on 15 years of announcements! I've been trawling through quite a few so as to get a better grip on what I'm investing in, not 15 years but a few.. I wholeheartedly concur that 5 years is a reasonable time frame to gain market acceptance and if we have another couple of years then so be it. My experience with medical investments is as an investor, not a medico of any description. What I have found over 25+ years is that it takes quite some time for any form of medical device to gain acceptance as the medical profession is extremely conservative, and with good reason as the potential downside is fatal etc.. however once acceptance is gained it is EXTREMELY difficult to be replaced, again the old 2 edge sword in play with regards to medical conservatism, and when acceptance is wide spread then margin expands and profit flows very nicely indeed.. I love my holdings in CSL, COH, RMD etc as they are extremely profitable and have helped lots of people too.
$44m in funds is an excellent position to be in when trying to break new ground and build market share. I think it all looks ok for these guys.
Ann: Trading Halt, page-36
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Last
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Change
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Mkt cap ! $34.95M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 42.0¢ | 40.0¢ | $93.12K | 228.6K |
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| No. | Vol. | Price($) |
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| 1 | 23715 | 40.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 42.5¢ | 51613 | 2 |
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| Last trade - 16.10pm 28/05/2024 (20 minute delay) ? |
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Change
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| Open | High | Low | Volume | ||
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| Last updated 15.47pm 28/05/2024 ? | |||||
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