CDX 1.89% 5.4¢ cardiex limited

Thank you to MR Q and our other 3 x attendees for your input and...

  1. 241 Posts.
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    Thank you to MR Q and our other 3 x attendees for your input and summaries. Very detailed and added lots of value to us who couldn't attend. One would have to assume an issue price around 15c AU is where we will land.

    To the CDX management team, this is where the rubber needs to hit the road. Market cap was up to 80 million ahead of mobvoi launch and now lucky to be 20. Understandable some of the delays but excessive salaries/ costs and growing the team too big too fast has been a serious headwind. Those funds should have gone into the first run of pulse. This is the make or break moment, if this 12-24 months of funding doesn't build serious momentum it's a dead duck. let's cut some overheads, use the cash wisely with a solid strategy. The market will not give you anymore and issuing more shares is just an easy way out. Hold yourselves accountable. We trust this to be the real deal, don't let us down. Many here have invested tens of thousands (some hundreds) for the last decade.
 
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