$390 USD is fantastic ($600AUD)
Take a nice 10% royalty per test and the numbers look pretty incredible going forward.
Test 3% of Americans with diabetes every year (~1 million) and there's $60 million AUD in revenue per year for PIQ.
As for TGA, this country is a joke and small potatoes so just ignore.
Ann: PromarkerD US reimbursement price & Aus regulatory decision, page-5
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Last
99.0¢ |
Change
-0.040(3.88%) |
Mkt cap ! $132.2M | |||
| Open | High | Low | Value | Volume |
| $1.03 | $1.03 | 99.0¢ | $327.4K | 323.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 9817 | 98.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 99.0¢ | 11815 | 2 |
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| Last trade - 15.00pm 21/05/2024 (20 minute delay) ? |
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Last
99.0¢ |
Change
-0.040 ( 3.88 %) |
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| Open | High | Low | Volume | ||
| $1.03 | $1.03 | 99.0¢ | 22818 | ||
| Last updated 15.29pm 21/05/2024 ? | |||||
| PIQ (ASX) Chart |