Fake it till you make it right?
Spin may seem morally okay while shareholders hang onto those (unjustifiable) gains, for now. Not so for those that have lost money believing in annoucements and investing accordingly. A lot here have held throughout, and those dark days of hanging onto awful losses are mostly forgotten for now. But will they be dealt to again? I fear so. There is nothing holding this thing up but falsehood, hope and likely -manipulation.
Four announcements got the Sp to where it is today. All misleading. And the observant will have seen tiny acknowledgemnets of this creep out, to now cover. Had they presented proof in these results that traction was indeed a thing, I'd have been delighted. They didn't. We have still have zero evidence of significant adoption. KP, Medicare, Vets. Test throughput down, all blamed on Covid. Do me a favour!. If, as we are told, CxBladder is included in the clinical pathway, covered by Medicare, United, KP, if the tests filled the needs and gaps suggested by Pacific Edge, then you will have seen test throughput sky rocket. Don't give me this wimpy crap about Covid. If the tests were reliable, Covid should have sent useage to the moon!
Even in NZ where we know the tests are in use, and in the DHB clinical pathway, the growth is simply uninspiring. No good example set there. Australia? Asia? What about the Spain thing? Don't get be started on gastric or melanoma tests, all forgotten.
Be careful.