Totally agree about the risk/reward at these levels. I am surprised the price has fallen to these levels as this price only takes into account the existing business in Australia. I guess the lack of news of late has seen the impatient sell out. No premium is factored in for the potential Asian and US business using this unique platform (no pun!).
How do you know there is a trial in October in NYC? I havent read anything about that.....I know the US market is being sought, but wasnt aware of the trial already being set up.
XTD Price at posting:
11.5¢ Sentiment: Buy Disclosure: Held