Market Cap is currently around the 300mil mark as we are yet to see revenues from the medicare rebate yet. I know the first few qtr's will be a little light on in regards to $$$$ as the roll out has just commenced. If these figures start to look promising over the next few qtr's at this point we can all guess then we could be looking at a Billion dollar market cap in 12-18 months (IF ALL GO's TO PLAN) remember no promises it will.
To be honest from the research I've done and the fact to test is medicare funded (as of 1st Jan) I can't see any issues and I think the risk of a poor rollout is less then 50%
I think in 12-18 months we will have a much better understanding if this is a potential cochlear etc or not. But that is moment it's to early to tell and the risk is a little higher IMO.
Remember one director has 25 million shares (8% of total) I'm sure he doesn't want a buy out.
Also if people are really interested in a buy out risk/opportunity could be worth contacting management.
Anyways I'm still learning and doing my research on this one, maybe ill be a buyer soon and a regular on this thread which seems like a fairly quiet one - you all keeping this stock a secret ?
IPD Price at posting:
$1.00 Sentiment: None Disclosure: Not Held
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