TSXV:RHT.H - Post by User
Comment by
PoorOpinionon Jan 11, 2018 3:03pm
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Post# 27335666
RE:RE:RE:Forward Valuation and why my personal target is $10
RE:RE:RE:Forward Valuation and why my personal target is $10Mickey2 wrote: all 3 contracts = 49,000 patients.... These 49,000 patients are the ones with 2 or more chronic disease. so 49,000 will be on-boarded. They are all suitable candidates.
Presumably many of these are seniors, only around 60% of seniors use the internet, 77% have mobile phones. Isn't it fair to say a number of the 49,000 are just not tech savvy to use the internet. It's also safer to not assume 100% in anything to do with human behaviour. New drugs often take many years to reach peak sales and then only ever reach a percentage of their target market. I like the conservativism in many of this guys estimates but he seems to have missed on assuming a 100% take-up.