PainChek General Discussion, page-2649

With the Baby App, one can just simply do this. Assuming $50/year and we achieved just 1% (4m) of the market. We get $200m/year. From there, apply PE of 10, gives you $2bn market cap. PE of 20 gives you $4bn market cap and so on. Then of course, if we achieve 2%, we get $8bn at PE of 20. If we achieve 5%, we get $20bn market cap. That my friend, is bigger than Cochlear of today. And you will note that I have simply throw the whole revenue as bottomline because all operating cost by then would have been more than covered by the income from the Adult App. And I am using $50/year because that is what they are basically charging for the adult app with that $5m govt. deal.

So as I said before, and I will say it again, those sellers should've gone to Specsavers. Or sent to granny for a private flogging