Almost 5 years to the day since KP commenced the user program. Maybe LCD will be a thing after all. KP could be 3 times the NZ market, but the main thing is the signal they sent to the fence sitters. Well done those who kept the faith.
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Almost 5 years to the day since KP commenced the user program. Maybe LCD will be a thing after all. KP could be 3 times the NZ market, but the main thing is the signal they sent to the fence sitters. Well done those who kept the faith.
Good on them that they have finally got something over the line.
Congrats to them, so much to build up to this, now they need to execute on the opportunity....
Market Cap is $180 million, so alot of built in blue sky. Hopefully justified as a just bought back a small position. This years capital raise might be easier to get over the line.
https://www.facebook.com/eathumblepie/ they are good too.
Congratulations to PEB & all shareholders, patience has paid off.
Question though: even with this announcement its worth zero in cash flow until the LCD is approved, right?
FY20 results show a cash burn of $19m PA and ~$15m cash on hand (including short term deposits)... so unless the LCD approval is around the corner, the chance of another capital raise is strong?
Have they ever published the size of the KP pie..... 12M patients, prevelence of 12.0 per 100,000 (both sexes, age standardised), thats only 1440 with it (current, and to be diagnosed). Appreciate alot more will be tested but thats not quite the 'tens of 1000 of tests'?