CDX 3.28% 5.9¢ cardiex limited

This is quite an over reaction to the rebate amount. It has...

  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.
 
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