BOT botanix pharmaceuticals ltd

Flop? 27 Territory Managers just in Feb x 150k - 200k salaries....

  1. wot
    11,654 Posts.
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    Flop? 27 Territory Managers just in Feb x 150k - 200k salaries. 4m usd just in salarys.

    5m in sales x 12m = 60m usd with no further growth or digital sales or team expansion..

    88m in additional funds raised. Plus 4m salaries and prior inventory 17m thats 110m usd + / 170m aud deep just in roll out sunk costs. Safe to assume thats the minimum we recoup in sales? No? 170m aud first year worst case imo. Huge rerate on a 580m market cap. 3x min this year.
    Last edited by wot: Tuesday, 13:55
 
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29.8¢
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Mkt cap ! $578.4M
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