BOT 16.9% 38.0¢ botanix pharmaceuticals ltd

Just another day where I wake up wondering if today is finally...

  1. 1,758 Posts.
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    Just another day where I wake up wondering if today is finally the day when the market is going to realise how valuable BOT's SB is going to be!

    There are 3.7m US citizens actively seeking help for AH and who are already known to dermatologists.

    If BOT secure only 1% of that market, 1%! - that is 37,000 individuals spending about $500/month of their hard-earned. That is over $200m a year gross revenue, or with 30% costs about $150m net revenue. 1% of existing market = $150m net revenue! That alone sees BOT a $1-$2 proposition, without even considering what if BOT reaches 2% ($300m) or 3% ($450m). It is just staggering to me that the market doesn't see this!

    https://hotcopper.com.au/data/attachments/5589/5589944-970087b45cca019245ba7bb8c750ea58.jpg
 
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