@verce,
Well spotted mate, great comparison, in addition please don't forget:
- MisFit acquired by Fosil Group in Nov15 for USD260m;
- Zaag (NASDAQ) MC ~ USD264m;
- Beats acquired by Apple for USD2.5 billion; and
- Fit-Bit (NASDAQ) MC ~ USD3 billion.
NUH's MC at AUD15m is just tiny compared to its potential. In my opinion, NUH should reach AUD300m MC in a relatively short period of time, probably once the product is ready for the public. In the short term I believe the SP should not be less than 5c. I also believe that patient holders will be compensated handsomely in the long term, why selling for 5c when there is the possibility to have x10? Please do your own investigation and analysis.
Cheers,
Rod
WAC Price at posting:
2.3¢ Sentiment: Buy Disclosure: Held
