KSX 0.00% 1.5¢ karmelsonix ltd

re:ksx signs pivotal distribution agreement

  1. 158 Posts.
    The sell side suggests that the sophisticated boys have more to go:all good,just have to wait for them to finish.We should get a higher trading range then,but it's not going to really run until there are some promising sales figures presented to the market-that could be next year.
    I would expect the listing to be postponed:without sales,KSX would not be able to meet listing requirements.These guys just burn the cash and will need to burn more with the increasing roll-out.No doubt they will have to be generous with the sophisticated boys again-more selling.[some know that pay-day is not around the corner]
    The Omron deal demonstrates the real potential of this outfit:blending the products with the existing asthma infrastructure.Exciting news for long-termers.
    Patience is the key-as an ORD holder,I know this can reward the 'grit-your-teeth' approach.KSX is still the ugly duckling-but will explode when the right sales figures are produced.


    Cheers to all holders
 
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