RE: Any comments anyone
That is a $1,000,000 question.
At this point I think that nobody knows for sure. The big question is over their bionic division and Ossur.
Read on what is going on in Iceland and to most companies that have their head office there. The country is in banktrupt situation and there are lawsuits against its banks and some companies involved in suspicious lending procedures. Ossur name is in the list. Victhoms bionic division is tight in the future of Ossur. I dont think it is the end of the world but it had good chances of delaying the launch of Powerknee 2 and also stop any future development.
If that happens they will probably need more money and I doubt that anybody will like to lend without a big premium. They stated that they have enough cash until June 2010. Does that remind you something ? June 2009 !!!
For this reason I think there will be a negative pressure on the SP until we know a little more about the game plan. I think that in the long term Victhom has very good potential. However its great products and technology are now in the hands of Ossur and OttoBock. Politics and contracts are becoming very important in the future of VHB.
GLTA