To further confirm what an acceptable Take Over Price would be,...

To further confirm what an acceptable Take Over Price would be,
One can look at what other Take Overs have taken place recently,
And look at what the value of that was....

So recently Merck & Co bought out Prometheus Biosciences Inc (RXDX.O) for about $10.8 billion USD (17.18 Billion AUD)
picking up a promising experimental treatment for ulcerative colitis and Crohn's disease and building up its presence in immunology.

https://www.reuters.com/markets/dea...cquire-prometheus-biosciences-wsj-2023-04-16/

Ulcerative colitis and Crohn's disease have a combined market of $17.5 Billion a Year.

BIT in comparison can treat $200 Billion AUD a year markets,
which is 11.42 times the combined markets Prometheus product can potentially treat.

Meaning if BIT were to get a deal that offered the same Market to take Over Offer ratio,
it would be 11.42 x $17.18 Billion

Which is $196.34 Billion AUD !!!!