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Tuesday, May 31, 2011 11:59:29 AM
MATH 2-Sep-10 05:22 pm
I am looking for better numbers which I will post.
But what about this:
3M prescriptions a month * 12 = 36 million prescriptions a year.
Appx $45 cost for the test, = $1.62B a year.
$1.62B * 30% profit margin = $486M
$486M / 160M shares = $3.0375 per share.
We have a 3 dollar stock!
Whack off 40 percent for error, we get $1.8 share price.
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