VCR ventracor limited

australian investors at fault, page-15

  1. 5,748 Posts.
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    Hi blakes, thanks for ur reply.
    1,In VCR announcement, u will find" the average survive time after the implant operation is around 147 days sth, (4.5 month)".
    2, I donot believe any comment here can influence the market, as less than 100 viewer here.
    3, yes, I work in a medical device company, not VCR, but know well about it as many friends work there.

    if you stick on I have to point out more to let u know as you post "investors at fault"

    in brief, just the cash burn is the biggest issue, another problem is since VCR get approval from AUS,and EUR, its market still very limited. I donot believe the USA market can double the EUR market. Normally, the USA market occupys around 60% (for AUS medical device company).

    However the positive side is the falling AUD.

    just think why VCR director wonot buy, why VCR got so many directors, and why the SPP target is only 10 million for working capital----sign of less confidence.

    so just sell at 9c and wait.
 
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