AGH 20.0% 2.4¢ althea group holdings limited

News: AGH Althea Group Seeks Trading Halt, page-6

  1. 214 Posts.
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    Gee Wizz.....happy to admit I have been wrong on this one, but still don't get it!

    Let's say their 1,000 patients are all repeat purchasers at $1,200/pop over a year with no rebates- that's $1.2m revenue and ~$600k GP.

    Capped at $240m!!! Hey Smart move to raise money at these crazy prices - Let say raising $20m at $2.00 when true value is probably $0.40c - interested to see just how sophisticated the investors are....and they are raising before their 4C and full-year...uuummmmm

 
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