edit . 75m mams.
And they only stated when asked from the $A350 previously stated charge per test, what profit margin,
Initially if i heard correctly, said 100% profit margin,,, they then started to itemize the cost variables, and then estimated that cost internally at $A150-175 per test (again if i heard it correctly). It is therefore just my derivation, that there would be remaining $200-175 of margin per test. Which is in keeping with the 100% profit margin which he started with.
Again, i need to hear that again, as it was a bit mumbled.
Obviously there would be other overheads, before we can estimate net profit from the business.
But looks like a very serious margin.
If i have heard and understood correctly, Woohoo !
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