CDX cardiex limited
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The recent actions of our CEO (hiring key personal, engaging the...

  1. Jov88
    428 Posts.
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    08/06/22
    20:48
    Post #: 61903604
    The recent actions of our CEO (hiring key personal, engaging the best consultants to list and also market, speaking with brokers etc) don’t align with what’s happening to the SP. The obvious elephant in the room is the cash runway though, clarity around that must be due very soon.

    If Coops pulls it (funding) off and in a way that’s not hugely dilutionary then we have a solid 12 months with two products being released, both disruptive and best in class. And at ~$40m MC and SOI the SP could really be in the dollars within that 12 months.

    If I saw value at 5-7 cents (50-70 cents) then I certainly see value at these prices so I bought a few more today. We’ll know soon enough.

    DYOR IMO
    CDX Price at posting: 37.5¢ Sentiment: Buy Disclosure: Held
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4.0¢ 		Change
-0.001(2.44%) 		Mkt cap ! $17.94M
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