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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Last
2.0¢ |
Change
0.001(2.63%) |
Mkt cap ! $17.59M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 2.0¢ | 1.9¢ | $11.54K | 604.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 1466986 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 830622 | 7 |
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| Last trade - 15.55pm 15/11/2024 (20 minute delay) ? |
| BIT (ASX) Chart |