This windfall will help them in building business and also new regions/customers, getting recognition.
As such it has long-term 5 year avg valuation of PE 20.
Business was growing steady anyway past 5 years at 35% CAGR.
Management has shown good capability and quality/honesty.
3BB caters to many kinds of testing, much more than corona only.
Corona testing can last for a year or more, world-wide, even after vaccination has shown good progress/coverage.
Any ILI/SARI (influenza-like illness/severe acute respiratory infection) will now get tested for covid as a precaution. This might become even a permanent heath protocol.
Disc: invested