RE: Good PR22 Nov 2022 19:46
Does look anything like this wj40?
£100 per test. 10% royalty China. 15% Royalty USA. 30,000,000 tests per year needed in China alone.
30,000,000 × £100 = £3,000,000,000.
10% = £300,000,000 in revenue for CIZ.
£300,000,000 ÷ 340,000,000 shares in issue = SP £0.88.
Using a modest P/E of say 2.5 gives a SP of £2.20.
Again, this is just China.