PME 1.58% $231.24 pro medicus limited

Curious, page-23

  1. 139 Posts.
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    I have been a holder since the sub $1 days and have some understanding of the diagnostic imaging space as various family members work in it.
    Their business model in USA is terrific selling software as a service with lots of upside on the click charges.
    What I struggle with is how the SP has got to where it has based on the projected revenues.

    From memory the Co is indicating it expects revenues from USA contracts to exceed $110m over the next 5 years which equates to around $1 per share or 20c per annum before expenses???

    Fair enough they have been growing the USA business in recent times but the revenues would need to increase by orders of magnitude to justify investing at these levels...

    I should note that I sold half my holdings around the $3 so I am more than free carried on the remainder - at these levels I am sorely tempted to take the money and run......
 
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