IRX 0.00% 3.2¢ inhalerx limited

Got a feeling this is about to get ugly. I'd be surprised if...

  1. 78 Posts.
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    Got a feeling this is about to get ugly.

    I'd be surprised if this doesn't drop below 10 cents by October/November.

    If our deals with B. Braun, Beurer and Roche don't become active until the Jan-March quarter of 2018, income streams may be unknown until the following quarter assuming there's a 30-90 day settlement period to receive commissions based on the sale of products or SaaS revenue.

    If this is the case, a re-rate may not happen until the end of July/first week of August 2018.

    Despite the short term movements, I still reckon this one will come good but it will test our patience.

    I may be wrong but I get the impression there's a top 20 holder trying to drip feed shares onto the market.
 
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