I did an analysis a while back on the relative benefit of selling to India even at a lower price.
https://hotcopper.com.au/posts/66610361/single
The key points are that Indian reps will be 1/10th the cost of US reps. The market is 4 times bigger.
The opportunity value per dollar of working capital applied in India is almost twice that of the US. We get more bang for our buck in a much larger market.
Ann: First $A9M sales month and $A10M revenue month, page-207
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Last
$2.36 |
Change
0.020(0.85%) |
Mkt cap ! $1.628B | |||
| Open | High | Low | Value | Volume |
| $2.33 | $2.40 | $2.33 | $1.160M | 491.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5181 | $2.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.36 | 1873 | 1 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| PNV (ASX) Chart |