What would be a fair Valuation for BIT?
Given that it could take over,
$260+ Billion Dollar per year markets,
for Big Pharma?
Well looking at CSL,
CSL MC $121 Billion
It had $13.3Billion in Revenue,
And $2.2 Billion Profit
So if BIT were to get just 5%,
of the $260 Billion a Year,
Covid and HIV markets,
It should exceed those numbers.
A Valuation of $120 Billion seems reasonable.
If it took 50% of the market,
$1.2 Trillion seems logical....
Acceptable TakeOverPrice, page-13
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