Thanks Twin. Your research is second to none!
Just thinking out loud. The longer we go without signings the more I get the feeling that an exclusive deal for the IVD market is headed our way. Figures have been speculated about what the figure would be for that sort of deal.I remember reading royalties of between 2.5% - 5% if memory serves me correctly for a general deal. Thats 125-250 million per annum.(for total market) If an exclusive deal was signed for the IVD market would a fixed contract of say 75-125million be reasonable? Especially considering the top 8? companies hold the majority share of the global market.
That would mean a share price of probably $1.80 to $2.46.
A big if I know but IMO the potential is there.
Thoughts?
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Last
2.2¢ |
Change
-0.002(8.33%) |
Mkt cap ! $54.31M |
Open | High | Low | Value | Volume |
2.4¢ | 2.4¢ | 2.2¢ | $40.20K | 1.786M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 386453 | 2.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.3¢ | 248196 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 386453 | 0.022 |
3 | 187216 | 0.021 |
10 | 946809 | 0.020 |
5 | 624605 | 0.019 |
9 | 2336112 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.023 | 248196 | 1 |
0.024 | 374392 | 3 |
0.025 | 1138770 | 9 |
0.026 | 800000 | 1 |
0.027 | 250000 | 1 |
Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
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