I'm expecting to get caned for this, but you have got to be...

I'm expecting to get caned for this, but you have got to be joking! The only valuation with any certainty is that BTA is worth more than the pre-announcement value of $1.05. They haven't made any money yet with the influenza product in the US, and until they do, anything valuation based on this is speculation.

My only advice is talk to someone from BTA to gauge the level of to market risk for the product, then work out how much they expect to make from the product, then have a guess at value of BTA. As an indication LANI royalties from Japan was $1.2m for 1H.

My GUESS of CURRENT value is somewhere between $1-$2.