HYD - based on their analysis of the market in the latest ann am I right in saying they estimate a 1% share of the market will give them annual revenue close to their current market cap?
1% - $35mil
MC - around $40mil
so....ahh.....let’s say these guys get 5% of the market, or 10%. Keeping in mind the competitors in the market place are few and far between......you don’t go down to the local heart monitoring device shop and grab one that matches your eye colour!
Still think this is significantly undervalued for what is essentially a life saving medical device.
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