As they are looking at the Geographical Territory Licensing model, you would expect each Territory Licensee to have completed due diligence and identify their own acceptable margin, My take is PIQ will have a standardized rate per test carried out. Seems they have been busy negotiating
"The Company expects to be in a position to update the market on further licensing deals in the near future"
From here on in as far as I can see it's a numbers game , sure a small market doesn't set the SP on fire but the Business model is set, imagine next week India, North America? from where I'm sitting this company is poised to rapidly expand... we will soon see what the Managements and Sales Force's negotiating skills are made of..
PIQ Price at posting:
23.0¢ Sentiment: Buy Disclosure: Held
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