I admit that I was blindsided by 3 things:
Together, these issues let the market think, "There's no rush. Sell now and wait for a clear positive change."
- Failure to get OTC
- Bad 4c and weak-sounding talk about a loan
- CC saying we should give them 6 months
So, here's what the market needs to decide:
- Will patients and doctors demand enough Pulse devices to compensate for the loss of OTC?
- Will revenue or deals or participation in the US listing come soon enough to negate the bad 4c?
- Is it fair to give them another 6 months given that they have already had plenty of time to prepare for this moment?
I admit that I was blindsided by 3 things: Failure to get OTC...
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Last
5.6¢ |
Change
0.003(5.66%) |
Mkt cap ! $16.47M | |||
| Open | High | Low | Value | Volume |
| 5.4¢ | 5.7¢ | 5.4¢ | $25.28K | 456.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 28019 | 5.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.7¢ | 52359 | 2 |
View Market Depth
| Last trade - 16.10pm 01/05/2024 (20 minute delay) ? |
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Last
5.4¢ |
Change
0.003 ( 1.89 %) |
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| Open | High | Low | Volume | ||
| 5.5¢ | 5.5¢ | 5.4¢ | 34680 | ||
| Last updated 15.59pm 01/05/2024 ? | |||||
| CDX (ASX) Chart |