BIT 3.33% 3.1¢ biotron limited

What would be a fair Valuation for BIT? Given that it could take...

  1. 8,103 Posts.
    lightbulb Created with Sketch. 1100
    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....
    Last edited by $$$$$$$$: 29/09/23
 
watchlist Created with Sketch. Add BIT (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.