NEU 2.81% $18.65 neuren pharmaceuticals limited

huge market cap for specialty drug developer

  1. 498 Posts.
    Fair value seems to be around 18 - 20 cents. Company has little cash in reserve, and current pipeline has few prospects of generating much more than break-even revenue. They need to quickly in-licence a profitable drug, or face a re-rating to cash value - suggesting that a medium-term correction to 10 cents can't be ruled out.
 
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