RAP (ASX) Ann: ResApp announces positive results of COVID-19 screening test

Originally posted by pilko3: ↑

already done it once so a mere bagatelle this time around...you seem to be focusing on the wrong points and also forget that Dx is the main game long term here...Covid at 92% accuracy (and building) is icing. Also examine the fact that 770,000 people out of 100,000 who have been tested with the RAPid Covid cough test will not require a further RAT or PCR test as the negative results are so high and so accurate. That saves 770,000 RAT's (think $10 per RAT and landfill and bloody noses and incorrect results) plus expensive $40 to $120 PCR tests plus wait for results plus hassle of booking in travel and waiting time...
You see my point now...the RAPid test can also be varied and tuned like a mix and match variation to attune itself to the various factors that come into play with various subjects. It is a winner...big time!
But it isn't the main game...the DX is and now they are conjoining the RAPid test to the Dx. Wow how good is that?...the doctors can now completely distinguish between 6 or 7 respiratory diseases as well as Covid and they can also check the progression of each. Dx is the main game...Covid is the icing on the cake. Sweet as too!
Telehealth and Covid crowd testing watch this space...big top up opportunity.

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adding to my first post...RAPid test saves around $25 Billion for every 1 billion tests due to 77% testing negative and requiring no further RAT or PCR test. Av'ge across the board $32 per person otherwise in extra testing costs. This is back of envelope calculation but call it $10 Billion saved for every 1 billion tests. No if 4 billion take the test 10 times per year that is $400 billion saved. WE don't think that the powers that be can't do these sums? The USA is pulling PCR tests everywhere in many states as it is too expensive and a major disruptor to the everyday. Are they going to replace it with something? Most likely they are...now lets see, what is that new smart phone test they are all talking about?
Geez this is going to blow...mark my words. The market for Covid testing is projected to be $104 billion per year in 2027. Lets say RAP gets 10% of that. That is a $250 SP folks...another cochlear. A $200 Billion company! Whichever way you cut the cake it is upside plus. Shall we say only $7 per share by end 2023 an 80 bagger. Rocket ride plus. Everyone world wide will use it at some stage. Going to the MCC for grand final...show us yoir RAP result...show negative come on in. Otherwise piss off...magpie fan anyway lol.