Yep - I managed to pick up another 4,500 M7T shares @ $1.16...

Yep - I managed to pick up another 4,500 M7T shares @ $1.16 today.

And have placed another 3 x buy orders at slightly lower share prices - should the SP ever reach those levels.

Given how far the SP has retreated since the 4C in January, I went back and re-read all the recent M7T announcements in detail.

Clearly the revenue decrease & EBITDA loss in the half yearly spooked a few investors, but I thought that management did a pretty good job of explaining the reasons for this.

With the mid November 2020 $5.3m TCV Trinity Health & end of January 2021 $7.9m TCV Adventist Health deals being recently announced, and given the HAHK $3m in orders are being recognised as revenue in the second half of 2021 - there is no doubt in my mind that both cash receipts & revenue growth for M7T will be very strong in this half.

Which should combine for another great full year result - despite the challenges resulting from COVID.

With hospital purse strings appearing to open up again over the past few months, the future looks really bright for this company.