On any other day, or at the very least a month or so back you would almost put the house on this going for a nice run based on that announcement. Over 100m turnover in the first two hours and hardly moved.
A distribution agreement with Omron is very significant IMO. These guys are the bees knees in home healthcare equipment particularly their blood pressue montitors.
Grabbed some this morning at .016 having considered picking some up earlier. Oh well. Still, volume was the key today. Sophs likely existing, some traders willing to take small profits along the way.
A positive day and possibly an entry from the big boys could see this one going for a handy run at least back into the .2s. Just my opinion of course!
KSX Price at posting:
1.6¢ Sentiment: Buy Disclosure: Held