KSX 0.00% 1.5¢ karmelsonix ltd

stock to watch .. targetting big bucks

  1. 16,797 Posts.
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    the european CE announcement this morning is a milestone for this company and i find it gobsmacking that you can still pick this company up for less than .03. its recently been as high at .068 on news that the resmed execs were coming aboard to steer the ship.

    their respitory and asthma devices are world class and unique and recurring revenue should be forthcoming through increasing sales. not going to take too long before they get themselves in a position to be a potential cheap add on to resmed or one of the big companies in this field.resmed cashed up and they will not want an upstart niggling at them over the journey. small change for those guys and i expect this company to be a takeover target before it gets too much older.

    they have a few shares on issue so upside could be limited to low double figures. but still a potential five bagger from these levels for those who care to research and have a medium term outlook.

    should be at the .06-.07 level right now imv.
 
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