All investors in NTI should READ AND UNDERSTAND WHAT I AM GOING TO SAY BELOW.
Results for NTI devices are only what we make of them and how much we believe in management and the product itself.
As stated before, this is a learning algorithm so we are able to improve the product regardless.
Furthermore, when dealing with ANY MedTech, the results will NEVER be a silver bullet - so to speak. By this I mean that the results will never be 100% and if in the chance it is, then you have revolutionary technology on your hands.
In saying this, say the results come out and they state that out of the 64 patients 30 of them found that the tech worked positively, the SP direction is completely subjective to what we as the shareholders think about this result.
I could think that just below 50% (30/64) success in patients is amazing, whereby another trader may think that it is horrible.
It is imperative that this is kept in mind when NTI announce the trial results. Think about the tweaking that was undergone before Cochlear Ltd had this polished product... It still isnt polished. It is constantly being improved.
RAP is a perfect example of subjectivity. The people still holding believe in the technology and are willing to wait for the next trials.
The people that sold at a loss of 80% + are the ones that thought that management are in competent and that the poor conducting of the tests was enough to push them out of RAP.
I hope this helps in your decision pending announcements on NTI.
GLTA.
Its been a long wait.
In there for the long run.
DMD
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