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6.76%

34.5¢ botanix pharmaceuticals ltd

While still not from BOT so therefore take it with a grain of...

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Mikey74

1,406 Posts.

285

20/06/24

23:20

Post #: 74415784
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Originally posted by dachopper: ↑

Understood, you are quoting a hypothetical net sales figure that was used by BOT as a hypothetical. They never said it would be that, and it's not net profit so you can't use it to calculate PE. My point was it cannot possibly be net profit as Tax alone is bigger than the margin.

BOT did say the price would command a higher value than competitors which are $690 a month. So we have a definante gross sales at least starting in the 700's.

When calculating PE, it's based on overall company profit and that needs to take into account all costs ( not just sales cost)

Having said that now, we are miles away from sales so SP could do anything in the meantime. It will respond to market demand, that should be good while we await Q4.

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While still not from BOT so therefore take it with a grain of salt, this is from the E&P report - Page 41

In the U.S., seven major plans cover approximately 80% of lives, making these engagements crucial. While the progress of these
negotiations remains somewhat opaque and reliant on optimistic company guidance, it is assumed that Sofdra will be reimbursed at a
level commensurate with a unit list price of approximately $750 per prescription, with a gross-to-net adjustment of around 30%.

Last edited by Mikey74: 20/06/24

BOT Price at posting: 33.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 34.5¢		Change -0.025(6.76%)		Mkt cap ! $633.5M

Open	High	Low	Value	Volume
36.5¢	37.0¢	34.3¢	$2.048M	5.821M

Buyers (Bids)

No.	Vol.	Price($)
16	1646659	34.5¢

Sellers (Offers)

Price($)	Vol.	No.
35.5¢	398362	20

View Market Depth

No.	Vol.	Price($)
16	1619249	0.345
20	440183	0.340
8	501767	0.335
17	531395	0.330
9	395949	0.325

Price($)	Vol.	No.
0.350	29783	2
0.355	251997	15
0.360	491282	11
0.365	54275	2
0.370	332973	13

Last trade - 14.30pm 22/07/2024 (20 minute delay)

BOT (ASX) Chart