BOT 1.35% 37.5¢ botanix pharmaceuticals ltd

Mikey, as I was on my phone during quarter time at my local WAFL...

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    Mikey, as I was on my phone during quarter time at my local WAFL match, here's the numbers more precisely:
    • Japan = 300,000 scripts
    • US with 3 times the population will be 900,000 scripts (same per capita of population affected)
    • 900,000 scripts @ $700USD = $630,000,000USD annual revenue
    • If they only do 75% scripts of that, then $472,500,000USD annual revenue
    • Making 70% profit of that = $330,750,000USD Net annual profit
    • Hell, let's say only 50% net profit of that = $236mUSD
    • Divide that by 1.42b shares and x 15PE = $2.49USD ($3.90AUD/share)

    For me, even with extra, extra caution factored in, we're undoubtedly +$3AUD/share. And that's not even considering the remaining pipeline.
 
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