Here was my thinking. I knew there was a 20 million dose number that had been written down but I needed to be conservative as a starting point. $500 might be high or low so I just picked a number that seemed reasonable, given the size of the available market. A multiple of 20 is fair but not before it gets to market.
The end result is that if we use 20 million doses at $500 per dose and a P/E of 10, we are talking buyout numbers in the range of $100 billion and that is too big a number to put out there on Hot Copper so I wouldn't do that (haha).
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Here was my thinking. I knew there was a 20 million dose number...
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1 | 1205 | 1.650 |
1 | 3067 | 1.630 |
1 | 615 | 1.620 |
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Price($) | Vol. | No. |
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1.735 | 609 | 1 |
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