HMD 5.56% 1.9¢ heramed limited

HMD Valuation, page-2

  1. 684 Posts.
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    No major flaws in your numbers there Dunno, well IMO anyway.

    The only thing I think that puts a cloud over them is the potential need to raise to fund device manufacturing if this thing truly does take off at a speed that the organic cashflow can't service. I could potentially see us issue a fairly large tranche of new shares to raise a few M to get those hundreds of thousands of units made (with the the ancillary logistical costs included). Even then I think you're only talking about 200M-250M shares on issue......
 
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