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Originally Posted by Lewylewylewy
i was wanting to buy more. Hopefully down tomorrow
That crossed my mind as well!
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Looks like it was good buying at 0.55, pity I didnt buy any
Last edited by RupertBear; 01-10-2019 at 04:25 PM.
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I bought a bunch at 0.54, which i determined to be a good value buy price and the bottom. As long as they don't get another contract, there could be another opportunity. I wanted to buy more, but i haven't had another opportunity. Im going to wait now.
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Junior Member
I've been comparing various companies in this sector and have gone with IMEXHS (ASX:IME). The reported financials are very similar to M7T but currently only 40m market cap.As far as I can tell they both have a good sales pipeline ahead.
Anyone else compered these two and come up with a different view to mine?
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Their distribution channel looks nice.
It's difficult to know how profitable it will be next year, because it's hard to know when they took on all that extra cost. If it was at the start of FY, cost of sales (if you include note #5 items) will be low, but if those came late in the year, costs are high.
Gut feeling is that it'll be good, then better next year.
Thanks for the tip, I'll pick some up on Monday.
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Got something in the mail today that i skim read. Looks like they're looking to raise funds. That won't do the SP any favours.
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Appendix 4C out this morning.
SP up 18% in the 1st half hour of trading.
The 4C figures look good. Great positive cashflow.
From the business update announcement... "Notably, cash receipts for the quarter did not include any receipts from Hospital Authority Hong Kong"
That's my favourite line.
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I am a recent arrival to the M7T register but I am enjoying the ride at the moment and applied for my full rights plus 50% extra.
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