MEM
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  1. JoeBlow
    1,191 Posts.
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    13/10/20
    12:24
    Post #: 48053534
    They have around $3million cash on hand. HYD make their Felix device, not sure on cartridges. Once cash flow starts they can beef up the animal side of things. Without the capex cost of making machines etc revenue should turn to profit easily.... unlike say a mining operation with AISC.

    IVF is a huge global business and been getting a fair bit of MSM press lately.
    Last edited by JoeBlow: 13/10/20
    MEM Price at posting: 14.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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