VentriPoint Diagnostics Ltd (VPTDF)

[whatisthecolorofmone]

This will be the stock for 2018

Huge market potential...
Of course, it's extremely early days for this firm but the potential market for such a device is huge. There are 40mln eco-cardiograms performed each year alone in the US, points out Adams.

At $100 a pop, that's $4bn of revenue going into the pot, of which VentriPoint reckons it can get 25%.

That would send the firm, which still has a market cap of only $25mln even after the fundraise, into orbit.

Adams says the group’s valuation is still very low for a company with approved products in a multi-billion dollar market.

Next on the horizon is to develop the device sufficiently to monitor 3D and 4D ultrasound images - something which big firms like Philips, Samsung and Simens have been working on for 15 years, says Adams, without success.

The other big market is cancer, he adds, explaining that the VMS technology would be able to accurately measure the size of a tumor, and whether it had shrunk or not.

"That's becoming very important because even now in the USA , you don’t get paid for doing a procedure any more in cancer, you get paid if you have a positive outcome," he notes.

So there's no doubt VentriPoint is at a critical point and at the start of a potentially extremely exciting journey. It will be a very interesting stock to watch.