BOT 0.00% 37.0¢ botanix pharmaceuticals ltd

~A$3/sh is my current Base Case val and an example of the drag...

  1. 47 Posts.
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    ~A$3/sh is my current Base Case val and an example of the drag in dollar terms. ~1.8% drag in relative terms if you want to do away with dollars.

    The furthest tranche requires hitting US$250M in annual revenue. Put a reasonable 5x revenue multiple on that and it's a ~A$1.8 billion company, still a ~2.5x from current levels. I'd be happy to pay if that was achieved and hence voting for at the upcoming AGM.

 
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