TSN 0.00% 1.0¢ the sustainable nutrition group ltd

potentially a multiple of the current price, page-10

  1. 1,257 Posts.
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    >If we get equal to or greater PFS than 12 weeks Id be pretty disappointed if we weren't at least $3 within 2 months of the announcement

    I love your optimism Fly. Yes, the potential would be huge. But it is just that - potential. Be realistic. Even with FDA approval, IF we get US$500 million a year in sales at an optimistic 15% royalty with a good partner, that is only ~$80 million (AU$) a year before costs. Take out costs and tax and maybe we generate $40 million in NPAT. Add in $10 million a year for Fonda and ACL would conservatively be worth $500 million, or about $1.50 a share.

    The market will pay more for upside, but that doesn't make it worth more.
 
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