The difference between NRR and those other sugar rush shell games that you refer to is that we have something that is already happening and producing revenues. So many other shells that have acquired some tech situation are still up in the air as to whether something will ever come of it.
This is a proven technology that obviously works and hospitals in Australia have already embraced it. The test is to broaden our horizon and get more hospitals to adopt it, whether that be in Australia or overseas.
I feel confident that this will be a mere formality with the people involved in being able to establish these relationships in the future. I was amazed at the amount of selling yesterday believing it was a fairly tight register.
I think those that sold yesterday will look back in 12 months time and realise they made a huge mistake.
The selling today is more in line with what I was expecting yesterday. Obviously those that sold did no think it through in my opinion.
NRR Price at posting:
5.3¢ Sentiment: Hold Disclosure: Held