RE: MHRA approval23 Sep 2020 09:12
Very grateful for the opportunity to top up on this recent dip, because once MHRA approval lands this should comfortably in triple figures and that can land any day.
2,000,000 tests per week, lowest profit margin for the RTC test is £0.75 with it retailing at £13. This alongside CD4 and food intolerance would almost exceed current Mcap alone. Never mind tests selling at £1.80 and some likely much more.
Motley Fool even predicts profits at £128,000,000 which is lower than the current Mcap haha
Hence why come the end of the year I’m confident this will be trading around the 200p mark at least. So may the drop continue and I’ll continue hoovering up these golden tickets.