RE: expectations12 Nov 2020 16:17
The cost of a test is £12.50. So if/when they get a contract say of 20 million tests which BHA could easily deliver on you’re looking at revenue of £250,000,000 so £125,000,000 as split between the two. NCYTs profit margin is 80%. No idea what CTEAs are but say they’re a fraction of that at 25% you’re looking at profit of £30m. Market cap £6m. Hence why I’m getting excited and why a contract is everything- it’s what will bag this many many times. Imagine if their margins were say 50%. Crazy stuff