PCK 3.33% 3.1¢ painchek ltd

PainChek General Discussion, page-20123

  1. 5,090 Posts.
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    I understand your impatience. It would be comforting to see your legacy firmly established before you lose sight of it. But I would suggest that the short term price movement is driven primarily by realisation that yet more capital will be required to bring the company through to being a self-sustaining, cash-flow positive operation. That will have to happen within the next six months.

    But given the steady growth in revenue, and the amount of validation the company is receiving through repeat and recurring business, I expect to see the company transition to commercial operation sometime in 2023.

 
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