BOT 0.00% 38.0¢ botanix pharmaceuticals ltd

At $3.8 we would have only penetrated 1.5% of the target market...

  1. 168 Posts.
    lightbulb Created with Sketch. 90
    At $3.8 we would have only penetrated 1.5% of the target market (based on a 6x revenue valuation ratio, noting TLX is currently @ 8 X based on the last annual report). Whilst I agree we need to compare apples with apples in terms of market cap, we also need to compare the size of the target market, penetration opportunities and the prices and profit margin of the products. On a 6X revenue multiplier we would need to have 6% market share based on the known 7M sufferers in the USA to reach $15 share price.
 
watchlist Created with Sketch. Add BOT (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.