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4,391 Posts.
780
19/08/15
13:17
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jro,
There are 8000 hospitals in the U.S alone. We only need 5% and we are in wonderful shape. There are another 1ooo hospitals in Australia.
There will always be competitors in every sector.
The mobile healthcare technology market was worth about 7 billion in 2014. They believe this will grow to 23 billion by 2017.
That's one enormous upside. Fair to say there is plenty to go around for companies that have a good product.
So you know you are investing in a growth industry.
The important thing to consider is do we have a management team with the know how and expertise to take advantage of this situation.
The answer to that is, I believe we do.
I think some of those sellers from yesterday may now be scratching their heads and wondering.
Try to buy a million shares now.
Yesterday they were giving them away by the truckloads.
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