The reality is it’s $250k for one product in one quarter in one (albeit big) market. It is easy to feel disheartened, but the long termer can see this as follows:
One product annually
$1-1.5m China
$1-1.5m Rest Of World
Total $2-3m
Multiple products will see this quickly hit $12-15m pa, which gives us a MC of $200m...comfortably.
Much to follow, very soon ;-)
Ann: Appendix 4C June 2018 Quarter, page-45
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