Respironics ( RESP ) is RMD only competitor in the APNEA disorder arena . Both control 99% of the world market . A new ( ALLEGEDLY ) entrant has been named about 6 months ago . As foreshadowed at the time , the entrant was the excuse the market used to mark RMD down from its high valuation . Period . Current weakness stemmed from general bad sentiment in the USA ( RMD is primarily an American stock ) equities markets , its past hi valuation ( not anymore though ) and a recent change in the German PBS and the recent appreciation of the A$ v US$ . RMD is the technological leader in this field . No one is even closer to its high standard . It is the "TRINTRON" of the apnea market !
RMD will kick back big time IMHO . It is only a matter of time . Duff
Resmed, page-10
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Last
$38.59 |
Change
0.480(1.26%) |
Mkt cap ! $22.38B | |||
| Open | High | Low | Value | Volume |
| $38.50 | $38.74 | $38.25 | $36.39M | 944.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 882 | $38.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $38.60 | 19192 | 6 |
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| Last trade - 16.10pm 28/11/2024 (20 minute delay) ? |
| RMD (ASX) Chart |
