Replies to post #314365 on Innovation Pharmaceuticals Inc (IPIX)

[Minnesinger]

Maybe you're being sarcastic...

but there's no need to imagine when basic math shows that 6% of 10% gets us about $100k. At about $2k a pop, that's a full year of PRs paid in full for LE...

If I'm missing something I apologize for my whimsy.

[thefamilyman]

The market cap for the situation you describe (assuming a PE of 20) would be over $2.1 billion. Assuming 330 million outstanding shares, that’s $6.44 per share. If it works really well and garners 50% of the market, then that would be a $10 billion market cap and a $32 price per share.

You quoted RP:

Global Antifungal Drugs Market is expected to rise from $13,719 million in 2016 to $17,718 million by 2023. The industry is anticipated to register a CAGR of 3.7%, during the forecast period, 2017 - 2023.

www.alliedmarketresearch.com/antifungal-drugs-market/amp

You said,

Imagine penetration of just 10% of the antifungal market, and 6% of net for that.

[Pepperchino]

$60-$70m?