I think $600M is tiny. CDX is an mHealth company. It will build tangible products (sensors, monitors), backed by digital services, integrated into a network of multi billion dollar companies. The sensor tech is next gen hospital grade, backed by patented IP that is world leading. If they wanted they could make consumer monitor to blow the $1.5bn USD Fitbit away, but a much larger ecosystem is being built around both consumer, hospital, and enterprise health verticals. If this was listed on the NASDAQ, and I call it eventually might, it may get viewed as multiples of a 'fitbit' company.
CardieX Company Overview, page-16
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Mkt cap ! $17.65M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 17.5¢ | 13.5¢ | $209.1K | 1.362M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 23000 | 13.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 30600 | 2 |
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