How To Become a Millionaire, page-16

Yes @elephantsong 60Billion T/O - reasonable, only 2 years revenue of the HIV meds industry alone !!!

Imagine this table reads:

There are 696,392,713 BIT Shares on issue (fully diluted if all options are converted)

If BIT had an offer of 5Billion then SP would be 7.17

To become a millionaire then you need to hold 290,939 BIT's

There are so many variables not applicable to each person to consider with Tax - CGT, Losses against the sale, personal income tax level etc

The 50% tax contingency is probably to simplify things by making it as high as it could possible be in any given scenario

As is the .30 purchase price probably to simplify things - most here have bought much lower

Maybe decide what you think is a probable T/O for the BIT suite of products - i.e. Endocyte just T/O 2Billion (prostate cancer therapy) entering into phase III trials

Maybe use this table as an example of T/O price and equivalent SP and then use your own specific tax situation to work out how many BIT's you need to reach the amount of money that you are aspiring to

& then maybe use days like today to top up to where you want to be ...

IMO DYOR