BTA biota holdings limited

royalty tipping contest, page-44

  1. 475 Posts.

    I've just done some more calculations.

    My A$35 million royalty figure looks smack on. It will probably be higher. My rational.

    6 million packs in stock Beginning of April 2009. (I will use 5 million being conservative.)

    Ramping to 15 million per Quarter so I assume 10 million packs April May June (as April was ramp up time)


    So 15 million packs sold at US$27 = US$405 million divided by .80 exchange rate = A$506 million x 7% royalty ( again conservative because we got 10% from australian order.)

    GRAND TOTAL = A$35.4 Australian




 
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