RE: How do we put a share value on Tissue Regenix?15 Sep 2019 13:59
Seeingtom thank you,
The actual business by which I mean the medical products that the TRX group produce are a real step into the future for the repair or replacement of human biological parts. Sports injury, Dental repair, Heart Valve replacement, Bone repair etc etc......
Those medical advances will only increase in popularity over time so would anticipate that TRX shares would be in greater and greater demand, but at the moment they are held in check.
My main question :
Right now in 2019 is the business only worth £39M Market Cap?
TRX has cash in the bank for approx six months plus all the assets of Cellright and a growing order book. Add to that a growing turnover of approx £13M in 2019 and budgeted to grow to £18M in 2020.
I think there are three distinct brakes acting on the share price, Woodford, Brexit and being on the AIM market.
Two of which the company just can't control.
If the management continue to keep there focus to grow the business this could become a very important and valuable company.
Chester.