My condolences for the crystallised losses. A $50k bath on 20M shares is impressive capital preservation (even though the $ figure loss is extremely substantial). You must have stuck to your stop-loss/exit strategy and that is never a bad thing. I hope the right re-entry point presents itself for you.
I agree that the major halt on a 're-rate' of the company is revenue or the lack thereof.
Some guidance from the company in relation to the efficacy of the new marketing strategy would not go astray. I am confident of more cash receipts than previous quarters however I believe state or federal deals is what Tali Health should be pursuing aggressively.
According to google trends, in the last week (24th-30th May), 'tali health' had more web searches originating from Australia than compared with any other week in the last year.
"Numbers represent search interest relative to the highest point on the chart for the given region and time. A value of 100 is the peak popularity for the term. A value of 50 means that the term is half as popular. A score of 0 means that there was not enough data for this term." (The falling dotted line indicates that not enough data has been collected - as the current week period has not finished yet.)
Google Trends
The main positive about this graph for me is increased stability of web searches. Instead of a spike every time a major announcement is made from potential investors, this seems to indicate real, continued and sustained interest which given the decline of the share price, I believe to be from customers rather than from potential investors.
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My condolences for the crystallised losses. A $50k bath on 20M...
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