HTX 0.00% 0.1¢ healthlinx limited

$21m profit but $13m market cap - announcement, page-21

  1. 3,206 Posts.
    lightbulb Created with Sketch. 95
    i think the key here is the MC. OBJ for example, has been rated between 3 to 6 times HTX in the last couple of weeks. as have ADO, VLA etc... this should get closer to 65mill MC if not 100 mill coz:

    1. Springtree investment - they know their stuff in the biotech space. if they are investing close to 20 mill - they surely think this is worth atleast 5 times that?

    2. Real Sales to start! - no speccie

    3. Awarded by its peers recently due to real commercial potential and sophistication of product.

    4. CEO targeting 20% of global tests (including the US) in the next 24 months.

    all in all, give it a PE of even 8 and we are way over the 250 million MC. but for now, lets say 60 mill... the sp has a way to go. if it doesnt happen now, it will be a hold for me.
 
watchlist Created with Sketch. Add HTX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.