Australia's largest stock trading and investment forum Australia's #1 stock forum

RHY

Click for more information

0.00%

10.0¢ rhythm biosciences limited

Ann: CE Mark Granted for ColoSTAT, page-60

First 60 Last

Share
Profile

Follow
clio

563 Posts.

87

08/12/21

08:58

Post #: 58147101
Share

Originally posted by triage: ↑

Yes, much better. I thought the analyst justification, on the Rhythm website, for a RHY share price of $2.90, was fairly timid. Perhaps the old analyst mantra of you are better off being wrong in numbers than right all by yourself (Cathie Wood at Arc please take note). I have not crunched the numbers myself so have no idea if the net present value indicates a share price of $9 a pop and I am not saying that it is certain to happen but if ColoSTAT gets to play all by itself in a market worth $21b per year, even for 9 years, then it will be an absolute cash monster. Then there is the US and Asia ...

Note that they got their $9 a pop topside merely by plugging in a terminal value - previously they assumed the company would have no value when the patents run out - not by playing around with the yearly cash flows. If FIT costs $100 per test then I am not sure why they would sell ColoSTAT for $40-$50 per test, at least to begin with. The thing about these net present value models is you can plug in any variable value you like and get truly spectacular results.

Expand

No matter what price Colostat may sell for I guess it means little without knowing the associated royalty rate

RHY Price at posting: $1.67 Sentiment: Buy Disclosure: Held
Upvote

Reply

Top Stories

Making money: How many microcaps should be in an investor's portfolio?

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

First 60 Last

Add RHY (ASX) to my watchlist

(20min delay)
Last 10.0¢		Change 0.000(0.00%)		Mkt cap ! $24.85M

Open	High	Low	Value	Volume
10.0¢	10.0¢	9.9¢	$10.30K	103.2K

Buyers (Bids)

No.	Vol.	Price($)
1	95000	10.0¢

Sellers (Offers)

Price($)	Vol.	No.
10.5¢	17500	1

View Market Depth

No.	Vol.	Price($)
1	95000	0.100
1	27230	0.099
1	10000	0.098
1	30927	0.097
3	185500	0.095

Price($)	Vol.	No.
0.105	17500	1
0.110	21670	2
0.115	132348	2
0.120	95076	2
0.130	4000	1

Last trade - 13.28pm 31/10/2024 (20 minute delay)

RHY (ASX) Chart