Whilst I agree that we won't be reaching anywhere near the $1.77 anytime soon, the broker report highlighted to me the type of profit that we can expect on Travelan Sales in the US.
50,000 units = $1,000,000 profit for Immuron. That is just the starter. I will be looking forward to seeing our progress over the next 12mths. Then of course at some stage, the elephant in the room, China. A lot to look forward too, just in Travelan alone. Then of course the NASH trials. Hopefully we should know the results by end of next year.
USA Red Chip Analysts Report, page-50
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Last
9.9¢ |
Change
-0.001(0.50%) |
Mkt cap ! $22.57M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.0¢ | 9.9¢ | $4.273K | 43.15K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 61371 | 9.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 157482 | 3 |
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