Innovation Pharmaceuticals Inc (IPIX)

[georgejjl]

Divide $2 Billion by 200 million shares and multiply that by a PE ratio of 16.01

That gives us a price per share of very conservatively $160.10 per share for IPIX stock

$2 Billion is conservative because Prusisol can easily capture at least a market of $5 Billion in sales per year and Production of Prurisol is very inexpensive 5 step process starting from a very inexpensive abacavir. By the way the production of Prurisol is done in India by Dr.Reddy's.

200 million shares is very conservative as it is greater than the current number of outstanding shares.

Again a PE ratio of 16 is very conservative. CELG's PE ratio was quite a bit higher just a few month's ago.

That gives us a price per share of very conservatively $160.10 per share for IPIX stock

Good luck and GOD bless,

George