Share
427 Posts.
lightbulb Created with Sketch. 168
clock Created with Sketch.
08/10/19
10:40
Share
Originally posted by nogur1223:
↑
Obviously FDA will be the crown jewel, which will see the share price increase exponentially following it. However, I am not as confident that we will get it as I was for CE/TGA (harder regulatory process/average US results/inability to use AU trial results in the application). I wouldn't be surprised if they come back to us and tell us we need more trials to be done in the USA. I have held other stocks (AVH) long before they got FDA approval and it was a painful process. Nevertheless, I don't necessarily think that is a bad thing. We have CE/TGA and now we are on the road to commercialisation/deals with prospective partners in Europe and Australia. The news flow that is expected from this, as well as the increasingly successful Sleep Apnoea arm of the business, will ensure that the SP doesn't suffer for too long following a negative FDA approval. Further, the US market is a different beast. With the limited cash we have, entering multiple markets at once could be detrimental to the health of the business. It wouldn’t be a bad thing if we have to just focus on EU/AU market, then expand into the US later on. Regardless of what happens in the FDA decision, I am confident that we are destined for success in the medium to long term. I look forward to the exciting months ahead.
Expand
also good to read your differing opinion that you stated your reasoning as to why. Enjoy reading posts like yours as it challenges what I currently think. Many may see it as downramping but they are only the ones who are worried,over leveraged, unsure about where their money is parked usually from lack of understanding or research. People tend to only prefer little pep talks and pats on the back with high fives to reassure themselves.
Last edited by
riskit :
08/10/19