CDX cardiex limited
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Where's the money going to come from?, page-5

  1. nihilism
    11,400 Posts.
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    19/03/15
    08:17
    Post #: 14939805
    Massive? It's only got a 30mil cap currently. To double that, lets say they need to make 30million revenue.

    They only need to enlist 30-40 new hospitals out of the total 5700 in the USA. Margin can be fairly average (10-15%) on that revenue and still get a PE of 20 on the overall company.

    It'll be slow growth, but the same could of been said about CAJ. Forward looking potential always rains supreme.
    ACG Price at posting: 17.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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