Australia's largest stock trading and investment forum Australia's #1 stock forum

CDX

Click for more information

0.00%

5.5¢ cardiex limited

As nations and times progress, better technology will eventually...

First 1603 Last

Share
Profile

Follow
investoryan

520 Posts.

37

04/08/23

14:02

Post #: 69162647
Share

Originally posted by Salubrious: ↑

So we have FDA approval for the pulse, it's in the process of getting it manufactured and to stores as well as the NASDAQ listing.

A sign of the times the share price is below where it was even before FDA approval, just seems too good to be accumulating here.

A look at Omron which is $16 bil AUD, the market size, and think Pulse is likely to be a disruptor as a superior product to the existing BP consumer models. From $25mil MC, with some heavy dilution still easy 100 bags+ potential. Throw in the Conneqt band... I'm stoked to have re-entered around this price and been accumulating a decent speculative parcel. I feel once NASDAQ is out of the way and we see Pulse sales, those holding should be well rewarded. Craig could have reduced the damage from the cash burn, paid himself less, but it is what it is, their tech is too good / validated to not attract funding.

Expand

As nations and times progress, better technology will eventually become the base standard, particularly as prices decrease when demand picks up.

Fingers crossed Cardiex's patented tech will eventually become future's base standard for blood pressure monitoring.

CDX Price at posting: 16.5¢ Sentiment: None Disclosure: Held
12 Upvote

0 Great analysis

Reply

Top Stories

Is the ASX getting its groove back? Here's 5 IPOs in September to watch

ASX

ASX explains: How 'futures' are predicted

GMD

Genesis set for higher gold production in FY25 and earlier mill start

RDN

Raiden Resources jumps 11% as Andover South drilling to kick off with PoW on Minister's desk

TAT

Tartana Minerals firms up producer status with recent 150tn shipment of copper sulphate to the NT

There are more pages in this discussion • 108 more messages in this thread...

First 1603 Last

Add CDX (ASX) to my watchlist

(20min delay)
Last 5.5¢		Change 0.000(0.00%)		Mkt cap ! $16.17M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	25000	5.4¢

Sellers (Offers)

Price($)	Vol.	No.
5.6¢	2956	1

View Market Depth

No.	Vol.	Price($)
1	25000	0.054
2	22650	0.053
2	196502	0.052
2	105000	0.051
4	197000	0.050

Price($)	Vol.	No.
0.056	2956	1
0.061	33080	1
0.062	83300	1
0.063	130000	1
0.064	130000	1

Last trade - 16.12pm 02/09/2024 (20 minute delay)

CDX (ASX) Chart

Day chart unavailable