The article indicates theres real market potential for the product to contribute significantly to Advangen.
"Al Ittihad Drug Store first-quarter revenues up 28%"
"The Dubai-based pharmaceutical distributor grew revenue to about Dh78 million"
28% of Dh78 mln = Dh21.84 mln = AUD9.96 mln at today FX rate
"The company’s consumer division achieved the highest rate of growth, driven by sales of products such as Fillerina"
Attributing 50% of the AUD9.96 million quarterly sales increase to Fillerina equates to AUD4.98 mln
Today there are 24.13mln Aussies & 4.63mln Kiwis (28.76mln people) which is 314% the size of UAE (9.15mln people) in 2015.
If we met these very rough calculations it would equate to AUD15.65 mln quarterly sales for Fillerina alone.
The article indicates theres real market potential for the...
Add AN1 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.229M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.7¢ | 0.7¢ | $700 | 100K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1339027 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 991886 | 1 |
View Market Depth
| Last trade - 14.04pm 11/06/2024 (20 minute delay) ? |
|
|||||
|
Last
0.7¢ |
Change
0.000 ( 0.00 %) |
||||
| Open | High | Low | Volume | ||
| 0.7¢ | 0.7¢ | 0.7¢ | 62500 | ||
| Last updated 11.23am 11/06/2024 ? | |||||
| AN1 (ASX) Chart |