RE: Is the Alliance contract27 Apr 2018 17:21
John, nobody knows. Anyone who tells you otherwise is not truthful. If it helps, a year ago I produced a fanciful possibility of what might be coming. It's just a wild guess and is not to be taken seriously but I enclude it below so that you can get a feel for possible profits to come. Treat the 'mind game' with utmost caution. It is a guess not a prediction. A company valuation and, hence, share price can be extrapolated should you fancy applying your mind to it. I'd suggest market capitalisation of 10 or more to the income figure. If you want profit not income then 80% of income might be possible. Good luck - remember - not to be taken seriously.
Here it is.
Just a mind game to attempt yearly number of people that might require / benefit from TexRAD Lung and the value that will come from it.
The total American population is 319.4 million.
The world population is estimated at 7.2 billion.
Americans make up approximately 4.4% of the world's population.
Latest figures suggest 225,000 Americans per year are diagnosed with lung cancer.
If lung cancer rates were similar worldwide (they aren't of course) then the total number of lung cancer patients diagnosed worldwide each year would be in the region of 5,113,575.
If 10% of those diagnosed each year received a single TexRAD scan then there would be 511,357 scans a year.
If each TexRAD scan was charged at a rate of �60 (a mid rate of those being considered by Feedback some 4 years ago) then total income from lung cancer scans per year would be �30,681,420.
As I said at the outset, this is just a mind game and it has a high degree of error built in because of unknowable things like percentage take up, number of scans per person required, and value per scan but it does put a figure to things that most people have, as yet, no real feeling for. Play with it if you think it might help but bear in mind these will be yearly figures whilst lung cancer remains uncured. The income that a fully grown up Feedback plc might achieve will be repeatable for years to come.