You would be too with the SP heading for $17 if they pull off the Rapid Covid Cough Test before another 6 moons pass.
$700 million p.a. revenue for RAP gets to that figure roughly. How many Covid tests per year would RAP tech get to do?
Lets just say 1 billion OK? Let us say average of AUD $1 per test back to us. That is $1 billion in revenue on its own. Those numbers alone would push the SP to over $20...at this stage I would rather make the $17 SP call based on these numbers and also on successful use of your original sums.
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Currently unlisted. Proposed listing date: 4 SEPTEMBER 2024 #
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