PCK 11.1% 4.0¢ painchek ltd

This is interesting. A bit over a year ago there was a very dull...

  1. 140 Posts.
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    This is interesting. A bit over a year ago there was a very dull patch with a steady seller at around 2.8 cents. I remember you were of the same sort of panicking opinion. Since then they have put many runs on the board and the patient investors were in fact accumulating at that point in time. So Cal if you hold as much as you stated some time ago then you’ve made yourself a very tidy little sum. I haven’t heard too many positive things from you about how management have handled themselves however, but you do generate conversation with your one or two sentence observations, (often followed by a or ) I’ll give you that! In some form I have come to appreciate your commentary and you are part of the future here so I wish you nothing but the best!

    There is no doubt there has been some difficulty in the initial commercialisation of the dementia app. Uptake has no doubt been slower than what investors have thought and I’m sure management to some extent. As @zmans pointed out they still haven’t missed a stated target to my knowledge.

    One thing is for sure, management have shown in the past that they are not a bunch to sit on their hands. I have complete confidence Daffas and co will be aggressively marketing their first product.

    Potentially in the short term this could drop below 5 cents but in my opinion with some exciting things to come it still presents a very good long term buy at these levels.

    IMO.
 
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