RE Option 1:
The potential royalty streams are two fold. 1)the machines because of the sensor and 2)the cartridges aka consumables.
FACTs: The current market dominant POC TnI device is $14,000. (abbott)
The consumables for a standard TnI test are $25 a pop. (abbott)
estimated that there are 100,000 hospitals in the world
(Note: I'm not including GP practices and medical centres- a huge market)
ASSUMPTIONS: a 10% market capture (This has also been projected by philips)
a 5% royalty on the sensor/machine
and a 10c royalty per cartridge.(Note: this is a 0.4% royalty only. Could be anywhere from .1% to 10% ($2.5) . . my experience is- ultra low royalties for consumables (but happy to hear other opinions)
SO:
100,000 (hospitals)* 10%(market capture) * (14000* %5) = 7million
Plus
Consumables
incidence of chest pain world wide is 2.5% which means that:
7billion * 2.5% * 10c = $17.5million
BUT before you get excited- our consumables will only work with the POC1 of which will only sell 10000 in the first yr
(in our hypothetical senario)
Therefore
10,000 * 2perday (CONSERVATIVE) * 365 * .10 = $730,000
So hypothetically our royalty stream for the 12months from POC1 roll-out will be 7.73million
OR
0.85 cents per share. which is a 7.7% return on todays 11c share.
Gives an indicative price of approx 22c per share... At first glance this doesnt appear amazing BUT
I feel like I haver used conservative figures (eg 2cartridgesper machine per day and 10c royalty and hospitals only)
and more importantly this is just from the TnI arm of ANTEO. not to mention- pathology consumables, infectious diseases, batteries, laser
ps:If you really wanna smile put a royalty of $2.5 (10%) into the above equation
- Forums
- ASX - By Stock
- Hypotheticals
RE Option 1: The potential royalty streams are two fold. 1)the...
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ADO (ASX) to my watchlist
|
|||||
Last
2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $51.83M |
Open | High | Low | Value | Volume |
2.1¢ | 2.2¢ | 2.1¢ | $4.943K | 227.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 310468 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.2¢ | 428309 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 310468 | 0.021 |
19 | 2487551 | 0.020 |
8 | 2890767 | 0.019 |
8 | 622665 | 0.018 |
4 | 384160 | 0.017 |
Price($) | Vol. | No. |
---|---|---|
0.022 | 428309 | 4 |
0.023 | 422310 | 4 |
0.024 | 306228 | 2 |
0.025 | 214144 | 4 |
0.027 | 573112 | 1 |
Last trade - 15.15pm 19/07/2024 (20 minute delay) ? |
Featured News
ADO (ASX) Chart |