reading into the $6m wholesale value of stock on hand as stated in the quarterly - at a GM of 59%, this equates to gross profit of $3.5m to BIO
they have circa $3m in cash
MC is circa $17m
less $3m cash
less $3.5m GM in inventory
Circa $10.5m EV
seems extremely undervalued given they are on the brisk of being cash flow positive with revenue consistently & rapidly growing with no signs of slow down....DYOR but IMO now is the time to own a slice of this gem before the broader market catches on..
disclaimer I own shares in ASX:BIO
do not rely on anything I say
do your own homework & research
Ann: Quarterly Activities & Cashflow Report, page-16
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Last
55.0¢ |
Change
0.050(10.0%) |
Mkt cap ! $119.5M | |||
| Open | High | Low | Value | Volume |
| 54.0¢ | 55.5¢ | 51.5¢ | $507.8K | 945.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 28843 | 54.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 55.5¢ | 22824 | 4 |
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| Last trade - 14.03pm 29/07/2024 (20 minute delay) ? |
| BIO (ASX) Chart |