reading into the $6m wholesale value of stock on hand as stated in the quarterly - at a GM of 59%, this equates to gross profit of $3.5m to BIO
they have circa $3m in cash
MC is circa $17m
less $3m cash
less $3.5m GM in inventory
Circa $10.5m EV
seems extremely undervalued given they are on the brisk of being cash flow positive with revenue consistently & rapidly growing with no signs of slow down....DYOR but IMO now is the time to own a slice of this gem before the broader market catches on..
disclaimer I own shares in ASX:BIO
do not rely on anything I say
do your own homework & research
reading into the $6m wholesale value of stock on hand as stated...
Add BIO (ASX) to my watchlist
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Last
52.0¢ |
Change
-0.020(3.70%) |
Mkt cap ! $112.0M | |||
| Open | High | Low | Value | Volume |
| 52.5¢ | 53.0¢ | 50.5¢ | $313.6K | 605.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 81842 | 51.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.5¢ | 19871 | 2 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| BIO (ASX) Chart |