so I googled US Kidney Disease and it tells me kidney disease affects 37 million people in the US.
hmm. At US$55 a test assuming testing to be done every 12 months?? Let's assume PD test 10% of these folk.
This equates to an income of US$203M per year on testing only 10% of the US population.
that's absurd!!!! Especially when you start thinking about all the European countries and China.....
companies are normally valued at multiples of their earnings.. I honestly can't see how PIQ will remain under a $1Bn market cap once they are dialed in.
Makes for an exciting future and certainly clarifies to me that the shares on offer are still very reasonably valued.
GLTAHs
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90.5¢ |
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Mkt cap ! $118.5M |
Open | High | Low | Value | Volume |
88.0¢ | 93.0¢ | 87.5¢ | $277.9K | 310.4K |
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No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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90.5¢ | 5241 | 1 |
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2 | 13358 | 0.885 |
1 | 12188 | 0.880 |
4 | 16149 | 0.870 |
1 | 2000 | 0.865 |
4 | 16900 | 0.850 |
Price($) | Vol. | No. |
---|---|---|
0.905 | 5241 | 1 |
0.910 | 20175 | 2 |
0.920 | 3000 | 1 |
0.930 | 61733 | 3 |
0.950 | 92612 | 2 |
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