Seems like a few healthcare stocks going on a move of late and the market finally waking up to how undervalued PIQ is compared to peers.
RHY - mkt cap ~$140m, large potential market but still a few years away (1-2 years?) from test hitting the mkt, no pipeline mentioned in AGM Preso.
RENX/RNLX - mkt cap ~A$700m, smaller target market than PIQ (going after late stage DKD), no commercial sales, no CE Mark, no pipeline mentioned in company presos.
PIQ - mkt cap $58m - large target market, test is CE Mark approved, initial licence deals executed, first sales in in CY21, broad/deep pipeline of other diagnostic tests.
Plus other mkt caps in peer group table below:
If PIQ has a market cap of $140m, like RHY, share price will be $1.33
If PIQ has a market cap of the ave of some of its peers below, say $250m, share price will be $2.38
I'll leave everyone to do their own calcs for what the SP would be if they get to RENX's mkt cap....
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Seems like a few healthcare stocks going on a move of late and...
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Last
87.0¢ |
Change
-0.005(0.57%) |
Mkt cap ! $113.9M |
Open | High | Low | Value | Volume |
87.5¢ | 88.5¢ | 86.5¢ | $46.48K | 53.25K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 11259 | 87.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
89.0¢ | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 11259 | 0.870 |
6 | 36331 | 0.865 |
3 | 18801 | 0.860 |
5 | 26800 | 0.850 |
2 | 26000 | 0.840 |
Price($) | Vol. | No. |
---|---|---|
0.890 | 10000 | 1 |
0.900 | 12500 | 1 |
0.910 | 10000 | 1 |
0.920 | 7500 | 1 |
0.925 | 8708 | 1 |
Last trade - 16.10pm 10/09/2024 (20 minute delay) ? |
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