ADO 5.26% 2.0¢ anteotech ltd

Ann: EuGeni Test Strip Manufacturing Strategy, page-49

  1. 23 Posts.
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    Back of the napkin Covid test valuation.

    Assume:
    Price per test, US$10.00
    Manufacturing cost, $3.33
    Distributor margin, $3.33
    Gross Profit per unit, $3.34

    Operon Sales
    20,000,000 @ GP $3.34
    $66,800,000

    Anteo (direct) Sales
    12,000,000 @ (say) GP $6.34
    $76,080,000

    Total Gross Profit
    $142,880,000

    P/E ratio of 20x

    COVID-19 Business Value
    $2,857,600,000

    Shares on issue
    1,900,000,000

    Value per Share.
    $1.50 Risk adjusted
    @ 50%. $0.75

    Thoughts?
 
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