I would love to know what assumptions IHL are making regarding patient participation levels and treatment costs (ie revenue) for the new clinic. I read somewhere that the cost of treatment is expected to range b/w 10k and 30k per candidate (can't remember where I read this so it may be wrong. It is also admittedly a large range and difficult to be accurate given it hasn't been done on a large scale yet).
With 700,000 people in Australia currently living with PTSD or TRD, the revenue potential is off the charts. Even if we reach 5% at 20k per treatment, that's 700m revenue. Not only that, imagine helping that many people improve their quality of life.
The long-term cost and impact on society of having that many suffers makes 20k seem pretty cheap, provided it works of course.
GLTAH.
R
IHL Price at posting:
9.1¢ Sentiment: Buy Disclosure: Held