$1.50?
No thanks.
We would need in excess of $5 at this stage.
The next 2-3 quarterly updates should help investors see the companies valuation potential.
It's been a slow start, but here is were we could be soon imo.
If we can get to 1,000 hospitals paying us say EU 20k/yr = EU 20,000,000
Put that on a multiple of your choosing for a valuation.
Say, P/E of 15 x 20m = Eu 300m
or AU 450m
1. Can we get to 1,000 hospitals? (Yes)
2. How much on average will we receive per annum from hospitals (?)
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$1.50? No thanks. We would need in excess of $5 at this stage....
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