BDX 4.55% 10.5¢ bcal diagnostics limited

Now consider the numbers.Updating, the Australian breast screen...

  1. 27,080 Posts.
    lightbulb Created with Sketch. 3157
    Now consider the numbers.

    Updating, the Australian breast screen mams, if i read correctly that it is above 1.8m on a two year cycle.
    So correction, we would look at 900k per year just from these at risk age groups.

    But, that 1.8m comes from an age pool of 3.6m who were eligible.
    So we can then also add more from the other 1.8m who were reluctant, but would perhaps prefer a simple blood test. And we could add those outside this age group as well.

    Then,,,,,drum roll. Look at the USA figures above.
    27 million.

    You get the point, its millions of tests, huge growth vehicle we are on. X $$$ per test.
    That is the prize.

    Its all about volumes and margins.
    Lets consider just the revenues at $350/ test / growth path to say 1 >27+ million tests per annum.
    And thats just AUS/ USA, what about other parts of the world ?

    Even 20 million tests PA = $7b in revenue. What margin ? then X PE multiple .
    Mega Unicorn mountain time John Denver Mountain mumma.!

    Lets poke pie in the sky.
    IF todays 25m mc x 1000 baggets = 25 billion MC . On PE of 10, requires 2.5b profit. / 20 million tests => $125 profit per test.

    So can we profit $125 per test / charge of $350 per test ? and can we achieve a growth in markets world wide of say 20 million tests, when we know that is less than the USA market of annual mamms ?

    Although, we dont know what the exact overseas charge rates might be, and their net profit margins would be, or the net profit in AUS is. We only know that it has been stated that it would be charged at $350 in AUS.

    10 - 100 bags AUS? => 1000 bags world stage ? or taken over somewhere in between ?.

    Markets are about risk off prizes and the risk on odds, and betting on awareness of that potential prize.
    / risks to achieve that de-risk growth.

    DYOR, and gamble responsibly.
    Not investment advice.
    Last edited by stevenjd: 02/10/23
 
watchlist Created with Sketch. Add BDX (ASX) to my watchlist
(20min delay)
Last
10.5¢
Change
-0.005(4.55%)
Mkt cap ! $33.00M
Open High Low Value Volume
11.0¢ 11.5¢ 10.5¢ $118.1K 1.068M

Buyers (Bids)

No. Vol. Price($)
4 281304 10.5¢
 

Sellers (Offers)

Price($) Vol. No.
11.0¢ 200929 3
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
BDX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.