Consistency is most important at the moment. The EV/sales multiple is still so low relative to peers that it is obvious the market needs confirmation of sustained growth. Give the market proof of that and you rerate to a higher multiple (which would be 2-5x returns at least). Then the actual growth number becomes more important, as that will become the primary driver of the share price
I did say sensible as it was conservative and probably a good base for expectations (last thing we want to do is predict 200% growth and then be disappointed with "only" 100% growth lol). However I did mention that it wouldn't take many new doctors to lead to considerably higher figures (and I have to imagine they managed to get a few at the recent conferences and training events), and so it's pretty difficult to predict at this early stage
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Open | High | Low | Value | Volume |
24.0¢ | 24.8¢ | 24.0¢ | $61.84K | 254.4K |
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No. | Vol. | Price($) |
---|---|---|
4 | 353553 | 23.5¢ |
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Price($) | Vol. | No. |
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4 | 353553 | 0.235 |
2 | 93400 | 0.230 |
2 | 15000 | 0.225 |
7 | 233721 | 0.220 |
4 | 228594 | 0.215 |
Price($) | Vol. | No. |
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0.240 | 254871 | 2 |
0.250 | 50000 | 1 |
0.255 | 25000 | 1 |
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