1. CR related sales will tapper out from Friday meaning price will to tend to move back up to preCR price 31c
2. 29 days to EMA opinion on CE Mark approval meaning sales can start almost everywhere except North America if favourable.
3. They cant ask new questions on new topics, have delayed the approval long enough that its starting to get embarassing and the company has had long enough to give detailed answers in the submitted and accepted response.
4. On a favourable opinion FDA trial funding will be secured on good terms
5. Fantastic demographics as world moves to western diet the huge current market gets bigger and bigger.
6. A great product, cheap to make that reduces time hospital stay and labour intensive treatment of unhealing wounds, plus greatly reduced scarring and for a very common ailment.
Here is the sales estimates for Jun start.
Column 1
Column 2
Column 3
Column 4
Column 5
Column 6
Column 7
Column 8
Column 9
Column 10
Column 11
Column 12
0
Quarter Ended
Sales
Margin
GP
Qtr OH
NPBT
TAX
NPAT
SHARES
EPS PQ
PE
Implied SP
1
Dec/14
-
75.0%
-
2.50
- 2.50
-
- 2.50
270
-$ 0.0093
21
Speculative
2
Mar/15
-
75.0%
-
5.00
- 5.00
-
- 5.00
300
-$ 0.0167
21
Speculative
3
Jun/15
2.6
75.0%
1.95
5.00
- 3.05
-
- 3.05
350
-$ 0.0087
21
Speculative
4
Sep/15
4.0
75.0%
2.98
5.00
- 2.02
-
- 2.02
350
-$ 0.0058
44
Speculative
5
Dec/15
6.1
75.0%
4.56
5.00
- 0.44
-
- 0.44
350
-$ 0.0012
44
Speculative
6
Mar/16
9.3
75.0%
6.98
7.50
- 0.52
-
- 0.52
350
-$ 0.0015
44
Speculative
7
Jun/16
14.2
75.0%
10.68
7.50
3.18
-
3.18
350
$ 0.0091
44
$1.60
8
Sep/16
18.2
75.0%
13.64
7.50
6.14
1.8
4.30
350
$ 0.0123
44
$2.16
9
Dec/16
23.2
75.0%
17.42
7.50
9.92
3.0
6.95
350
$ 0.0198
44
$3.49
10
Mar/17
29.7
75.0%
22.26
10.00
12.26
3.7
8.58
350
$ 0.0245
28
$2.75
11
Jun/17
37.9
75.0%
28.43
10.00
18.43
5.5
12.90
350
$ 0.0369
28
$4.13
12
Sep/17
50.7
75.0%
38.01
10.00
28.01
8.4
19.60
350
$ 0.0560
28
$6.27
13
Dec/17
67.7
75.0%
50.80
10.00
40.80
12.2
28.56
350
$ 0.0816
28
$9.14
14
Mar/18
90.5
75.0%
67.91
12.50
55.41
16.6
38.79
350
$ 0.1108
28
$12.41
15
Jun/18
121.0
75.0%
90.78
12.50
78.28
23.5
54.79
350
$ 0.1566
28
$17.53
16
Sep/18
127.2
75.0%
95.40
12.50
82.90
24.9
58.03
350
$ 0.1658
28
$18.57
17
Dec/18
133.7
75.0%
100.26
12.50
87.76
26.3
61.43
350
$ 0.1755
28
$19.66
18
Mar/19
140.5
75.0%
105.36
15.00
90.36
27.1
63.25
350
$ 0.1807
28
$20.24
19
Jun/19
147.6
75.0%
110.73
15.00
95.73
28.7
67.01
350
$ 0.1915
28
$21.44
20
Sep/19
154.6
75.0%
115.91
15.00
100.91
30.3
70.64
350
$ 0.2018
28
$22.60
21
Dec/19
161.8
75.0%
121.34
15.00
106.34
31.9
74.44
350
$ 0.2127
28
$23.82
22
Mar/20
169.4
75.0%
127.02
17.50
109.52
32.9
76.67
350
$ 0.2190
26
$22.78
23
Jun/20
177.3
75.0%
132.97
17.50
115.47
34.6
80.83
350
$ 0.2309
26
$24.02
24
Sep/20
184.7
75.0%
138.50
17.50
121.00
36.3
84.70
350
$ 0.2420
26
$25.17
25
Dec/20
192.3
75.0%
144.26
17.50
126.76
38.0
88.73
350
$ 0.2535
26
$26.37
TIS Price at posting:
24.0¢ Sentiment: Buy Disclosure: Held