RE: Jamrock14 Nov 2023 22:02
Scharnhorst
Theyāve had a bumper time since Junes update. They never conveyed clearly that 3m of contractual obligations to pay for LFT were fully paid and they had no contractual obligations to pay for more.
However divideĀ£ 3m by Ā£8.49 per pack of 5 and itās only 353,300 pks of 5.
Over 100 packs sold daily so
100 x 30 days x 4 = 12,000 sold online in four months
150 x 30 days x 4 = 18,000
2000 stores x 2 per day x 30 average days p\m X 4 months = 480,000 x ££8.49p = £407,520
2500 stores x 2 per day x 30 average days P\m = 150,000
X 4 months = 600,000 x £8.49p per pack = £509,400 potential in store tests sold
2000 x 5 pks of 5 x 30 days = 300,000 x 4 months = 1,200,000 potential tests sold @ 8.49 pp = £ 10,188,00p
2500 x 5 pks of 5 x 30 days = 375 ,000 x 4 months = 1,500,000 potential sales. X £8.49p = £12,735,000
Potential cash from sales
25pack x 30 days per month x 4 months = 3000 x £147,000 in revenue in average 4 months since June
Then Revenue from new products potential also.
Take what average you wish but I would very surprised if we havenāt needed to extend the 3m paid tests and buy a lot more to cover unprecedented demand in the last four months.
I think January will prove a worthy wait but shareholders value be destroyed by lack of news before then.!!
Come on Penny drop some news