I should add just as a super ramp that if on the above calculations we use the top of the range or 1.8 billion U.S market, a 60% profit margin and a 50% market penetration of the world market the multiple increase in the market cap is 48 times. I personally think that is more likely long term.
these kinds of potential figures are why we are such a plum take over target. here is hoping that management want to be the next Resmed or more realistically Cochlear and will resist take over should it come knocking. I have always had a good feeling towards management when they did the majority of their fundraising through shareholders without bringing in the sophists. I hope they want to be their own big size company.
DYOR
Herbalist
IPD Price at posting:
$1.00 Sentiment: Buy Disclosure: Held
