CDX 4.29% 6.7¢ cardiex limited

Ann: US Medicare payment for new category 1 code announced, page-22

  1. 301 Posts.
    This is quite an over reaction to the rebate amount. It has obviously come in under what a lot of shareholders had hoped/expected. I dare say that it wasn't to far from the mark the company had been expecting though. I expect the price will recover over the next few months until the rebate comes into effect 1st Jan 2016. I expect sales to start to trend upwards at a much higher rate then we are currently starting in the first quarter of cy 2016. So in April next year we could be in for a massive re-rating when the first quarter of rebate sales are known.
 
watchlist Created with Sketch. Add CDX (ASX) to my watchlist
(20min delay)
Last
6.7¢
Change
-0.003(4.29%)
Mkt cap ! $19.70M
Open High Low Value Volume
6.8¢ 6.8¢ 6.7¢ $11.29K 166.1K

Buyers (Bids)

No. Vol. Price($)
1 28955 6.7¢
 

Sellers (Offers)

Price($) Vol. No.
7.0¢ 24999 1
View Market Depth
Last trade - 11.40am 05/07/2024 (20 minute delay) ?
CDX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.