Clear away all the journo's hype and ask the question.....Is a mere $18m too high a valuation for a company with an already highly marketable product and enormous long term potential? If it does only work in certain conditions eg hospitals, food production lines,agriculture,animal husbandry, mass transit centres, etc etc...then it is still worth a very large sum of money....And you can bet that Australian traders are not the only ones doing their research over the past 24 hours.
And you can bet that this very small company will be getting offers of advice from some very sophsticated outfits this morning.
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