CDX
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3.13% 6.2¢ cardiex limited

CDX General discussion 2024, page-81

  1. TraderP
    374 Posts.
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    08/05/24
    09:53
    Post #: 73718733
    Good post.
    I think management went very hard financially with the recruitment of staff and getting the underlying foundation set for launch. In my opinion went to hard and wanted to be big to quickly and got distracted with the Nasdaq launch instead of the pulse launch.

    As per the presentation 85% margins.
    I have $50 per device sold in packs of 5 . So $3,000 x $50 is $1,8 mill ARR .
    Last edited by TraderP: 08/05/24
    CDX Price at posting: 5.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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