Some more back of the envelope figures “Please check my numbers...

Some more back of the envelope figures
“Please check my numbers as the many 0s can be confusing. Also 30% uptake may not be conservative enough but even 10% uptake is 4.2 billion say 5.7 billion AUD”

So very conservative turnover for company would be 5.7 billion (Wilkinson’s estimate 7.5 to 10)

If we round the current value of company to 250 million and share price to 1.00
Then 5.7 billion/250 million x 1.00 is about 23.00 a share.

This is smack in the middle of he should not be named’s estimate.

Please tell me where these figures are wrong as it seems OTT to me.

Clearly some other factors will also come into play such as the actual results, it is only a IIb trial and there may or may not be competition to buy the company.

Regards
Chris