$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
86.0¢ |
Change
-0.035(3.91%) |
Mkt cap ! $112.5M | |||
| Open | High | Low | Value | Volume |
| 89.5¢ | 90.0¢ | 86.0¢ | $266.8K | 304.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 172 | 86.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 87.0¢ | 21749 | 5 |
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| Last trade - 15.29pm 14/06/2024 (20 minute delay) ? |
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Last
86.5¢ |
Change
-0.035 ( 3.89 %) |
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| Open | High | Low | Volume | ||
| 89.5¢ | 89.5¢ | 86.0¢ | 47144 | ||
| Last updated 15.43pm 14/06/2024 ? | |||||
| PIQ (ASX) Chart |