BZI 0.00% 16.5¢ brainz instruments limited

re: sellers exhausted A good place to start is by looking at the...

  1. 11,699 Posts.
    lightbulb Created with Sketch. 1689
    re: sellers exhausted A good place to start is by looking at the the ceo's presentation on brr:

    www.brr.com.au/event/BZI/1869/11344

    Bioshares believe they need to sell 70 machines a quarter to be cash flow positive, although that doesn't include the ongoing revenues from past sales, which is a great $7,000 a year. Hence, when they have 1,000 machines out there (currently around 180) that's income of $7m, with a large profit margin.

    Bioshares reiterated their buy recommendation last weekend.
 
watchlist Created with Sketch. Add BZI (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.