I agree, BTM accounts are open in more countries than ever before but paradigm shifts in medical devices take time, particularly as the evidence base continues to build in our favour.
I suspect we will see slower growth figures FY21 (yoy) and I believe the market is pricing this in. Once these accounts reach maturity (particularly the GPO's) we should see a more fierce ramp up in sales data FY22.
We must also be mindful of having navigated the entire FY21 being affected by Covid and PNV staff being unable to be physically present in many hospitals. Obviously with borders opening up worldwide (Except Aus) this will also begin to work in our favour.
Also happy to continue accumulating at these levels.
I agree, BTM accounts are open in more countries than ever...
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$2.47 |
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Mkt cap ! $1.704B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 5 | 15844 | $2.47 |
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| Price($) | Vol. | No. |
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