Hi Soul13
You are right if we get FDA approval sometime in 2022 it will probably take a year or more to ramp up production. To keep my sums simple I did not bother with production ramp up nor income from consumables nor the US/A$ exchange rate. Also the share market looks ahead about 1 year so if we are ramping up in 2023 I believe the share price in 2023 will anticipate the forecast profit in 2024. Rather than be optimistic I was at pains to underestimate everything. But as my mother always said "don't count your chickens before they are hatched".
Hi Soul13You are right if we get FDA approval sometime in 2022...
Add EMV (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.10 |
Change
-0.040(1.87%) |
Mkt cap ! $179.5M | |||
| Open | High | Low | Value | Volume |
| $2.10 | $2.15 | $2.10 | $72.21K | 34.03K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2499 | $2.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.15 | 227 | 1 |
View Market Depth
| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| EMV (ASX) Chart |