Feel your pain ... and it's across my portfolio.It's...

  1. 2,733 Posts.
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    Feel your pain ... and it's across my portfolio.
    It's particularly difficult in times like these, when we seek regular reassurance that everything will be ok, and each day there is no news ... it sort of festers. One thing I do know is any pain I feel is manifestly worse for Craig & Niall.

    However, the reality is that the CDX team will be working feverishly towards successfully launching the Conneqt products and getting financial backing from US investors through a US listing. The best, and only, way forward is to deliver. Not much can be done about the current sentiment. I would argue they are better keeping the powder dry until market sentiment starts to turn ... any goods news now will probably simply be sold into anyway. Cash is king, irrespective of company prospects. We do however need to know how the cash runway is being managed ... the sooner the better on this one ... this alone would stop the bleeding IMHO.

    I believe Craig was doing his best to re-assure us through his recent tweets below laying out the compelling story ( April 18th, not even 4 weeks ago ),and then the quarterly. The underlying story remains as strong as ever. The market, particularly for med tech, is abysmal. No choice but to see it through if you still believe in the benefits of CBP, ATCOR technology and the CDX Team.

    https://hotcopper.com.au/data/attachments/4348/4348589-7f603c1af7f4a3c445ae5ba66929b3dc.jpg
    https://hotcopper.com.au/data/attachments/4348/4348591-b7e431a2df3b338973b9b832260413be.jpg
    Stay strong !

    GLTAH
    Not Financial advice

 
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