To be honest, the company would be better off not having the oppies exercised. It creates another 47 million shares at a low price .
I would much prefer them to do a placement between 20 to 30c in 6 to 12 months time if money is required.
Nice announcement, which confirms that they have a product that hospitals are happy to pay for.
Something tells me, we are going to get plenty of these types of announcements over the next 12 months . Hopefully the word will spread to the U.S early next year. That's where the big money will be made.
The company has already signalled that's where they want to be next year. More signings in Australia will only help their cause.
NRR Price at posting:
6.1¢ Sentiment: Hold Disclosure: Held
