Replies to post #308611 on Innovation Pharmaceuticals Inc (IPIX)

[steelyeye]

You've just convinced me to raise my GTC sell orders.

Politicians are now getting COVID19. 320M population here in the U.S. A charge of 3k a pop for Brilacidin on 1.2M people treated in the US, that's $3.6b in gross revenues! A net profit margin of 45c on the dollar, that's $1.62B EBITDA. You tack on 10x to 12X to that EBITDA, THAT'S A VERY CONSERVATIVE VALUATION OF $16.2B OR $19.44B.

Big pharma such as Gilead will be very stupid to not pay $10b minimum. Jmo.