ARX 2.00% 51.0¢ aroa biosurgery limited

Hi WinIn the scheme of things this isn't too bad. It is...

  1. 244 Posts.
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    Hi Win
    In the scheme of things this isn't too bad.

    It is interesting to note that Merrill Lynch have decreased their estimate of PNV's 2H revenue by 10% to compensate for the effects of Omicron.

    They also say that an appropriate EV/Revenue multiple of 17x is applicable for a global high-growth small cap medical technology company.
    If this multiple was applied to ARX over time (once the company has proved itself) there will be a significant upward rerating of the share price.

 
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