RE:I see $20 per stockWEST-VAN-INVESTOR wrote: 1.6m type 1 cases in USA x $10000 avg cost per yr. x 25% of the market x 10% profit margin = $400 mil prof a year.
$400m prof per year / 208 m shares = $2. Prof per share per yr.
10% return. I see $20 stock.
But you are only talking about one application
there could be many more
sort of like valuing Amazon back in the day based on revenues from book sales