it's only equal if phase 3 is successful and FDA approved like Reata at the time of acquisition. Any suitor would apply risk based discount for phase 3 ready asset.
Very likely Biogen has overpaid and the CEO recently said they would not wanna be engaged in a bidding war again which was the case for Reata
Ann: Update - Notification of buy-back - NEU, page-73
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Last
$14.20 |
Change
0.890(6.69%) |
Mkt cap ! $1.761B | |||
| Open | High | Low | Value | Volume |
| $13.50 | $14.26 | $12.96 | $9.111M | 655.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $14.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.23 | 3278 | 1 |
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| Last trade - 16.15pm 27/06/2025 (20 minute delay) ? |
| NEU (ASX) Chart |