The reason they say estimate of over $5 million is that they have an expectation of converting their trial clients into ongoing revenue, hence the use of the word estimate.
I have a different explanation for the use of 'estimate'. In my view the amount of revenue will depend on the number of sales of beds. The estimate of over $5mill is an estimate based on the number of beds the bedding company thinks they will sell in a full year using Alexium technology. So whilst they can't give a bonafide 'to the cent' amount, they certainly can give a pretty accurate estimate of expected sales based on history.
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Last
0.7¢ |
Change
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Mkt cap ! $11.10M |
Open | High | Low | Value | Volume |
0.7¢ | 0.7¢ | 0.7¢ | $1.45K | 207.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 292803 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 3237282 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 292803 | 0.007 |
5 | 1210906 | 0.006 |
2 | 598026 | 0.005 |
2 | 570000 | 0.004 |
1 | 700000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 3237282 | 5 |
0.009 | 1260713 | 3 |
0.010 | 901368 | 5 |
0.011 | 1810000 | 4 |
0.012 | 292699 | 1 |
Last trade - 12.03pm 16/07/2025 (20 minute delay) ? |
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