MLA 0.00% 8.5¢ medical australia limited

clinics offering medivet stemcell procedure

  1. 798 Posts.
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    I was reading through the Medivet webside and noticed they have branched out and offer regional websites now, (such as http://www.medivethawaii.com). This gives a bit of an insight into how rapidly the procedure is spreading across clinics all over the USA.

    Using the Vet locator map feature, I can see there are now 10 clinics in Hawaii alone offering the procedure. Given there are 50 states, and Hawaii ranks 40th in terms of population @ 1.4mill people, the scope here is amazing. Even at 10 clinics a state there is huge business/sales potential, and this will only increase as word of mouth spreads!

    All this share price action & CEO talk of late seems to be detracting from the fact that the register is so tightly held for obvious reasons and that no one is willing to part with their holdings in any significant volume at current levels.

    A market cap of close to 40mill (at 37c SP) is still comparatively low, & I think in due course MLA has the potential to be turning over many multiples of that in sales alone!

    2014 is shaping up to be an outstanding year for MLA, the growth ride has only just begun I think.


    DYOR etc.
 
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Currently unlisted public company.

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