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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89.0¢ |
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Mkt cap ! $113.8M |
Open | High | Low | Value | Volume |
88.0¢ | 89.0¢ | 87.5¢ | $64.67K | 73.36K |
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No. | Vol. | Price($) |
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Price($) | Vol. | No. |
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89.0¢ | 12198 | 1 |
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2 | 19920 | 0.860 |
2 | 4116 | 0.850 |
3 | 61870 | 0.845 |
1 | 36000 | 0.840 |
3 | 9500 | 0.835 |
Price($) | Vol. | No. |
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0.890 | 12198 | 1 |
0.915 | 738 | 1 |
0.920 | 13000 | 2 |
0.925 | 5000 | 1 |
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