Respironics ( RESP ) is RMD only competitor in the APNEA disorder arena . Both control 99% of the world market . A new ( ALLEGEDLY ) entrant has been named about 6 months ago . As foreshadowed at the time , the entrant was the excuse the market used to mark RMD down from its high valuation . Period . Current weakness stemmed from general bad sentiment in the USA ( RMD is primarily an American stock ) equities markets , its past hi valuation ( not anymore though ) and a recent change in the German PBS and the recent appreciation of the A$ v US$ . RMD is the technological leader in this field . No one is even closer to its high standard . It is the "TRINTRON" of the apnea market !
RMD will kick back big time IMHO . It is only a matter of time . Duff
Resmed, page-10
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Last
$37.28 |
Change
0.200(0.54%) |
Mkt cap ! $22.38B | |||
| Open | High | Low | Value | Volume |
| $37.50 | $37.55 | $37.15 | $17.93M | 480.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3363 | $37.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $37.30 | 1001 | 2 |
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| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| RMD (ASX) Chart |
