Today being a public holiday, and with too much time on my hands, I came to thinking about Theranos. Most of you would have heard about this company that purported to having developed a medical device capable of detecting disease in a drop of blood. We all know that this was all fraudulent behaviour and the device, other than a box with a bunch of wires and flashing lights, didn't work. The founder is currently serving 11 years in prison. BUT, I did wonder what this company was valued at. Now Theranos was not a listed US company but was valued at $10BUSD. Which led me to try and work out a theoretical valuation on AXE purely based on a hypothetically working biochip. Now these are rough ballpark calculations and I've come up with $52AUD. I'm not suggesting this is what will eventuate, just pondering the possibilities. Again, just my opinions and thoughts/wishful thinking. DYOR and as always, GLTAH.
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Last
36.5¢ |
Change
0.005(1.39%) |
Mkt cap ! $93.01M |
Open | High | Low | Value | Volume |
36.5¢ | 38.0¢ | 36.0¢ | $27.52K | 74.78K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2739 | 36.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
37.0¢ | 9949 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2739 | 0.365 |
5 | 50547 | 0.360 |
3 | 48805 | 0.355 |
7 | 44299 | 0.350 |
4 | 20169 | 0.345 |
Price($) | Vol. | No. |
---|---|---|
0.370 | 9949 | 1 |
0.375 | 36687 | 1 |
0.380 | 37995 | 5 |
0.385 | 21052 | 2 |
0.390 | 12459 | 3 |
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