EYE 3.33% 14.5¢ nova eye medical limited

isn’t this a case of the opposite being true. They have been...

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    isn’t this a case of the opposite being true. They have been able to replicate all the attractive features of sight sciences Omni in the itrack advance (ergonomic handle etc) to make easier to use whilst retaining all the patented features of itrack which made it technically strong but was harder to pick up and use.

    Thats why they can take market share from sight sciences. The sight revenue graph for the last 5 years sold me really on how much revenue they can get quickly if they get the sales force right.

    also sight are still losing money hand over fist despite their massive $80m revenue which is amazing. They are LOSING $46.6m a year. Might as well be burning cash on a bonfire. If they can’t turn a profit on $80m revenue.

    we on the other hand will be CF+ next year as operate off a very low cost base. And once we take a decent portion of their revenue will likely be valued many times higher as profitable
 
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