Ann: Appendix 4D and Interim Financial Report, page-70

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captainblood

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25/02/22

07:41

Post #: 59810264
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Originally posted by 26lyons ↑

Hey Cap, just wondering what your estimates are for a reader if you don't mind me asking?

https://www.axxin.com/LateralFlow-AX-2XS.php

I like the fact that they advertise it as low cost directly on their website as obviously the lower the cost the better the take up could be and the greater number of pre-sales we've locked in but I could only find a pricing for their T16 molecular reader on a US new and used medical equipment website for US$5745 (brand new) and US$5600 (used).

https://bimedis.com/axxin-t16-iso-m500517

I'm assuming their lateral flow reader wouldn't be in the same pricing category as their molecular reader that appears to be able to run 16 samples at once and these are obviously prices set by someone other than Axxin but seeing as this is all I have to go by for now, I'll take a stab in the dark by taking ~50% of that number (~AU$4000) for retail and another ~30% off that (~AU$2799) for wholesale.

Of course I could be way out of the ball park across the lot and down the tracks so any little bit of guidance would be greatly appreciated, no judgement here, clearly I have no idea, many thanks in advance.

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its just my estimate but I have the reader being around $4k retail. have done some calculations with higher and lower values.

probably have more deposits paid since Dec 31st. maybe even some paid fully seeing our Italian and Greek distributors started advertising Eugeni in early January.

ADO Price at posting: 17.5¢ Sentiment: Hold Disclosure: Held
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Ann: Appendix 4D and Interim Financial Report, page-70

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