To me this is just a bonus to whatever Pericoach delivers.
But here's a bit of googling and back of napkin stuff to run past you all. Market is about 400m units sold p.a. @ around $5.
Say a profit of .50c. Say a global corporate in the field can get it into 10% of the market given superior features; netting $10m p.a..
The product , including auto-flush, has already been tested in various locations PRIOR to being placed on Qld Health approved list. Is it reasonable to assume a major would offer us 20-30 mill outright? (equivalent to current mc with the best - pericoach - to come)
ALT Price at posting:
0.8¢ Sentiment: Buy Disclosure: Held
