BPP 0.00% 0.6¢ babylon pump & power limited

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  1. 5,609 Posts.
    For those of you who don't know how this roll out works/

    IMI is NOT selling machines. They provide them to medical centres free of charge and the doctors onsell the service to patients and make a profit. IMI then gets a cut of each patient the Dr treats using the technology. This is a very simple ,smart and growing buisness model. This means that every time IMI places a machine and that machine does tests on a daily basis, IMI makes money. These machines can do multiple tests per day per machine, so the income keeps growing. IMI can end up making very large ongoing income each time one of these machines gets placed to a DR. Its simple and the costs of IMI are relatively fixed and the upside is also close to unlimited. They recently announced that they had placed an increase of 60% of these machines since sept. i own stock for these reason. This is my research only and does not mean im telling you to buy the stock.
 
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