presentation says:
* 463 million people have diabetes
* 1 in 3 diabetic adults currently have chronic kidney disease
* target market 98 million tests per annum or 21% of diabetes tested each year providing US$539m p.a in gross profit or AUD$500M net profit after tax. on a PE ratio of 15, this is an $8 billion company
therefore, merely tapping into 5% of diabetics is AUD$100M net profit per year or $1.5 billion company
for some reason if they had 120 million shares, that is $12.50 per share value or a 24 bagger from here
looks very possible to me, if the industry can adopt this test
presentation says: * 463 million people have diabetes * 1 in 3...
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Last
32.5¢ |
Change
-0.015(4.41%) |
Mkt cap ! $53.14M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 34.0¢ | 32.5¢ | $75.67K | 227.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9093 | 33.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.5¢ | 2200 | 1 |
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| Last trade - 15.02pm 24/06/2025 (20 minute delay) ? |
| PIQ (ASX) Chart |