indeed - it's not as if BHP went from mining silver, lead and zinc in Broken Hill to become an international mining giant overnight. Not even CSL went from a share price of $6 per share to $300 overnight. Every company grows mostly in moderate manageable steps. BHP first got into oil and gas by partnering with Exxon in the Bass Strait and then developing its own in house expertise and resources. I don't think anyone is suggesting NEU could become the next CSL in anything less than a multitude of moderate incremental steps. In my view that's best facilitated by partnering arrangements with other larger international pharmaceuticals. We've got the IP to licence out that others want, and we're rapidly growing in our financial resources.
Share Price, page-8856
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$19.97 |
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Mkt cap ! $2.552B | |||
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