HCT

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Seb93

5,291 Posts.

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13/05/20

19:42

Post #: 44604232
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Originally posted by Mom88: ↑

Also I would like to add that customer education is extremely difficult. To change consumers who have always spend under $10 to converting them otherwise will be a challenge.
To educate customers that non alcohol based sanitisers actually work will be another difficulty.

This, customer acquisition and then retention are all very difficult and numerous factors involved. Until we can see how the market responds to it in a tested time frame we really can’t assume anything.
Humans are creatures of habit so I do believe even after this Covid-19 gets cured, we will continue using sanitisers for quite some time. However, there will be a % that drops out from that practice - humans are also very forgetting and those who have not had encounters either directly or indirectly with covid-19 will soon forget that fear.

So assuming an annual exponential growth of sanitisers in general is most likely incorrect

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I never said it was easy to get to a Billion dollar MC lol... forgive me I won't discuss future potential again.

like another poster has mentioned. We have a b2b model which already has its foot in the door with potential multi-million dollar contracts. We only need to wait a few weeks to find out where this company is headed. If we land the government contracts then exponential growth of the HS market will be irrelevant.

HCT Price at posting: 17.0¢ Sentiment: Buy Disclosure: Held
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HCT CHART upward indication, page-691

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