BOT 1.30% 38.0¢ botanix pharmaceuticals ltd

I don't quite understand how your formula helps. Sure, using NEU...

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    I don't quite understand how your formula helps. Sure, using NEU you can come up with a BOT SP of $1.10. But if instead if you used a company with less than half the dilution of NEU, but 2/3 of the revenue (CUV), your formula values BOT at $0.67. So why use the NEU outcome over the CUV outcome when guesstimating SP at a certain MC?
 
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