CDX cardiex limited
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Further, if they're 85% margin...15% x $600 x 8000 units = $720k...

  1. Salubrious
    6,834 Posts.
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    31/07/24
    21:52
    Post #: 75015133
    Further, if they're 85% margin...

    15% x $600 x 8000 units = $720k to manufacture the first batch...

    They may surprise us all and get the first batch done without needing to raise.... I would expect the devices will last beyond 1 year so that may be conservative... That'd be a big up, fingers crossed...
    Last edited by Salubrious: 31/07/24
    CDX Price at posting: 6.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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