Hi Chris,
In one of their investor presentations they noted that the operating margin per skin was between $28 - $367.
Think they are looking at 300 skins per day initially and then up to 800 per day.
Obviously the higher end for the medical grade collagen. Need to remember that this is raw collagen that they will be supplying. Firstly cosmetic/food grade and then the medical grade.
Reckon this one is gonna turn out a 10 bagger.
JP Morgan now #2 shareholder.
20% of company in hands of management.
L Hinch super fund in the top 20 and soon to be replaced by mine haha. Its a matter of when and not if this baby will pop. Patience required though. Perhaps next 6 months.
Good luck.
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