Mega,For me the pop happened with the NCCN guidelines.Broker...

Mega,
For me the pop happened with the NCCN guidelines.
Broker upgrades will have the market trending towards 0.19 resistance level.

What will cause the market to break through 0.19 to higher prices?
Announcing new contracts and addition sales to existing contracts. Basically SOZO sale numbers.
The key for me is installing 300 units or better before the end of the calendar year. If they can do 300 in the next 6/8 months that would indicate to me, they could do 1200 at a minimum for 2024 calendar year for 60M revenue. No one knows what the company can achieve at the moment or how quickly anything can be done. RV talked about the company previously over promising and does not want to continue that theme. I think they will be cautious with what they say. RV has been quite cagey (was that the same tone at the investor meetings?) the last 2 calls, I think under promise and overachieve for the norm for the next 3 years.

The most import thing to follow is the number of US sales to breakeven.
Company stated they have 500 US Units.
Company stated they need another 250 Units to get to break even.
750units *$2500(USD)*12month+30% = AUD $29.2M Break even.
At that stage they will have 10M in the bank for working capital to grow/expand for 2024 and beyond.

When IPD have 10000 units installed the share price will not be @ 0.115 cents, the company tentacles will be in HF, renal and serving the rest of the rest of the world (for a modest fee) and also become some sort of analytical data giant.

I note any QE following a finical calamity would also be a tail wind for this type of growth, money printing stock.

Keep your share certificate if you still get them and keep it in the bottom draw. It will be suitable for framing in the future.

The countdown begins.

Regards
Acclivity