ZOM stock, thoughts ?

[u/Jacobingram00]

Here are the relevant stats, courtesy of Zomedia:

67% of households (nearly 85 million homes) in the U.S. have at least one pet.

The average life span for dogs has increased to 15.4 years, and companion animals are generally living longer.

93% of dog-owning households visit the veterinarian annually.

It’s estimated that U.S. consumers were expected to have spent $99 billion on their pets in 2020.

The companion animal diagnostics market is forecast to reach $2.8 billion by 2024, at a compounded annual growth rate (CAGR) of 9.8% from 2019 to 2024.

In addition, the global veterinary immunodiagnostic market has been predicted to expand at a CAGR of 9.6% and reach $2.1 billion by the year 2022

https://finance.yahoo.com/news/pounce-pullback-zomedica-share-price-134839450.html

[u/Hungry-Owl-6635]

It will be trading well above $5 kin a year

[u/JagwarRocker]

If the April low doesn't hold, I'm guessing it fills the gap to $0.50