its share is about 7% of sales - and the annual expectation is about $30-35 million - hence its MC is close to $400 Million.
What is HTX's share of royalty - 70/270 = 25%
at 300,000 tests the sales would be about $80 Million and we can expect our share to be $21Million - which should rightfully give us an MC of close to $210 Million.. a tenbagger conservatively - not accounting for countries other than the UK.
and BTA's numbers are for global sales... HTX will overtake BTA very soon in MC when the sales take off.. its got a better deal and the flu is a variable ...
HTX Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held