Fun comparison...
WBT and BRN have both achieved $1Billion + valuations based entirely on TAM - both are essentially pre-rev - neither have been proven to actually work in a live customer setting - they are both in trial / development mode - still requiring modifications
IIQ also has an immense TAM - and has been proven to work on real people's blood!!!! ie it actually works!!!
So why not a $1 billion valuation????
Food for thought
Ann: SubB2M/CA15.3 Clinical Validation Data Investor Presentation, page-16
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Last
45.0¢ |
Change
0.010(2.27%) |
Mkt cap ! $50.18M | |||
| Open | High | Low | Value | Volume |
| 45.0¢ | 45.0¢ | 43.5¢ | $15.99K | 35.87K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 507 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.0¢ | 1925 | 1 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| IIQ (ASX) Chart |