IMO
This is a multi billion dollar baby, waiting for commercialization.
The potential golden lotto ticket on the ASX. Waiting for market discovery.
Pending that we get all necessary green lights from regulators, etc etc.
Then just look at the growth story ahead of us, with 100% margin on tests. X Volume of tests.
The very nature of betting markets, given the off planet scale profits in the growth curve, should see this on the risk on waiting approvals, to the risk off stage roll out and accelerate take up of tests, v synergy Mams, should see a fraction of the risk off prize, sitting in the speculative risk on wager.
Just get your calculators out. Mams + those who dont get mam but would get blood test = Volumes.
(Volumes X margin) - overheads = profit.
Wowzers. When you calculate that number. And that is what the market is discovering on the speculative bet side.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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12.0¢ | 253675 | 5 |
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No. | Vol. | Price($) |
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1 | 4861 | 0.115 |
4 | 347499 | 0.110 |
6 | 436766 | 0.105 |
8 | 700348 | 0.100 |
1 | 12000 | 0.091 |
Price($) | Vol. | No. |
---|---|---|
0.120 | 253675 | 5 |
0.125 | 250000 | 2 |
0.130 | 260000 | 2 |
0.135 | 314074 | 5 |
0.140 | 483772 | 5 |
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