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....
What would be a fair Valuation for BIT? Given that it could take...
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Last
3.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $35.18M | |||
| Open | High | Low | Value | Volume |
| 3.9¢ | 3.9¢ | 3.8¢ | $1.335K | 34.62K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1131315 | 3.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.9¢ | 330372 | 2 |
View Market Depth
| Last trade - 15.04pm 09/07/2024 (20 minute delay) ? |
| BIT (ASX) Chart |