Ann: Botanix $40 Million Capital Raising for Sofdra Rollout, page-303

Thank you, copied it into my Google Sheets, and updated it to break it into 3 sections
3.7M
6.3M
10M total

I used the figure of 450 per script as net profit only

So 5% of 3.7M and 1 % of the 6.3M with a 10 x PE ~ $9.25 AUD/share

	Number of Patients	3700000
1	Extra Patients	6300000
2	Refills per annum	10
3	Rev per bottle - Net	450
4
5	PE	10
6	SOI	1930000000
7	Currency Conversion	1.6

Here's the outcome of 1 to 5% with a conservative 10PE and 1.93B SOI

				Penetration
1				1%	2%	3%	4%	5%
2	Combined	10000000	Number of Customers	100000	200000	300000	400000	500000
3			Sales Units	1000000	2000000	3000000	4000000	5000000
4			Net profit	$450,000,000.00	$900,000,000.00	$1,350,000,000.00	$1,800,000,000.00	$2,250,000,000.00
5			Market Cap	$4,500,000,000.00	$9,000,000,000.00	$13,500,000,000.00	$18,000,000,000.00	$22,500,000,000.00
6			Shares in USD	$2.33	$4.66	$6.99	$9.33	$11.66
7			Shares in AUD	$3.73	$7.46	$11.19	$14.92	$18.65