Serious question... What sort of deal would push the share price into say the 50c-$1 range... Would that be a 5-10mil deal or would we need more say 10-20mil?
I'd expect revenue to atleast double or triple that in the US in the next 6 months once a deal comes along as we all know that the US is the mother ship of all things medical.Current revenue of 10.2mil + 8.5% from last FY and with the company looking to decrease their cash burn I thought that their quarterly update was a decent uptick.
14:00 Financial and Profit Margin Question/Answer >
"from our financials we have been reporting gross profit margins for lumos north of 50% heading 60%... for a proprietary product like febri dx you'd expect margins to be at that level or potentially a little bit higher, depending on scale etc..."
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