NAN 3.79% $3.55 nanosonics limited

If revenue continues to grow at the rate posted this quarter and...

  1. 696 Posts.
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    If revenue continues to grow at the rate posted this quarter and they can continue to control costs. I would fully expect NAN to show a small profit next quarter. Based upon the announcements re being able to support other probes to GE's and the growth in consumable sales, I would think that this is not an unreal expectation. If and when NAN does show a profit for a half I would expect it to be rerated. Many of its financial metrics that are now in the distress or marginal categories would change around bringing it into the radar of a number of search engines. I had not been a shareholder in NAN before, but based upon my forward predictions I have decided its time to add this to my portfolio. It was actually harder than I thought to acquire the shares I wanted at my maximum price as it appears to be quite tightly held. I am hoping it's another SRX for me.
 
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