I think the current share price is ridiculous for the following reasons .
1. Current capitalisation of the company is $233 million
2. The company would have about $35 million in the bank .
3. So the other assets are valued by the market $198 million ,that is for 6 indications with nnz2566 and nnz2591 .
4. The trial results for trofinetide should be due in less than 8 weeks .
5. If trofinetide is successful the share price should be between $4 and $5 dollars.
6. The results only need to mirror Phase 2 results to be successful .
Share Price
Add NEU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$19.31 |
Change
0.490(2.60%) |
Mkt cap ! $2.465B | |||
| Open | High | Low | Value | Volume |
| $19.14 | $19.43 | $18.88 | $7.696M | 400.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1100 | $19.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.33 | 252 | 1 |
View Market Depth
| Last trade - 16.10pm 13/06/2024 (20 minute delay) ? |
|
|||||
|
Last
$19.35 |
Change
0.490 ( 2.80 %) |
||||
| Open | High | Low | Volume | ||
| $19.14 | $19.42 | $18.88 | 94185 | ||
| Last updated 15.59pm 13/06/2024 ? | |||||
| NEU (ASX) Chart |