That's a great call out. I do think this company fortunately and unfortunately is a take over target of several large medical device companies. It would make a seriously compelling bolt on acquisition to the likes of Stryker or Zimmer Biomet. The product compliments medical device surigies and would be a terrific way to boost revenue per rap calling on existing surgeons. With the higher margin in the product, they would just incorporate into the product portfolio.
I think if they land around the 35Mil AUD mark in sales and become profitable, someone will try and snatch this up for <500Mil.
the unfortunate reality is biofilm infections is a major issue that is only really solved with Next Science technology/patents, and would be worth 2Bil in a couple years with its current growth rate.
It boils down to this upcoming half year report and if growth is there and continued commitment to profitability I think this should take off.
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Open | High | Low | Value | Volume |
22.0¢ | 23.5¢ | 21.5¢ | $46.14K | 206.3K |
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4 | 130676 | 21.5¢ |
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Price($) | Vol. | No. |
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3 | 110676 | 0.215 |
2 | 24100 | 0.210 |
3 | 69518 | 0.205 |
8 | 227250 | 0.200 |
2 | 24000 | 0.195 |
Price($) | Vol. | No. |
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0.235 | 19533 | 2 |
0.250 | 3501 | 2 |
0.270 | 4776 | 1 |
0.275 | 12350 | 1 |
0.285 | 75660 | 1 |
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