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3.13%

15.5¢ arovella therapeutics limited

$34 mil over the next 15 yrs in royalties, page-14

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Beale

3,684 Posts.

658

10/11/16

10:35

Post #: 20510897
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Originally posted by Bluebush ↑

Too true kipp.

The funny thing for me is that with a forecast EBIT (not revenue) of AUD 2.3 MM a year for the next 15 years (if Mr Xi's forecast sales are accurate) and the current mkt cap 24MM then a (forecast) PE of about 10 results. I've always thought a PE of 10 was a good buy and critically that PE doesn't account for any income from WestCoast, or potential income from artimist or any of the other Oromist products.

For the first time ever we have been given data which supports price discovery on this stock and it sure appears undervalued to me.

Interestingly, as Eddy points out, a Trump win has been very good for NASDAQ Biotech's.

All in all this has been a good beginning to asset monetisation and for the first time I'm starting to think like ablm that a CR isn't on the cards in the near term.

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Well that makes for a great read because you certainly are the voice of reason on this thread BB.

PS Woolfy & Co hopefully thrashing out a deal re Artimist pre Christmas.

SUD Price at posting: 2.2¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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(20min delay)
Last 15.5¢		Change -0.005(3.13%)		Mkt cap ! $163.0M

Open	High	Low	Value	Volume
16.0¢	16.0¢	15.5¢	$137.3K	869.0K

Buyers (Bids)

No.	Vol.	Price($)
8	194153	15.5¢

Sellers (Offers)

Price($)	Vol.	No.
16.0¢	271243	5

View Market Depth

No.	Vol.	Price($)
8	194153	0.155
13	519016	0.150
7	233654	0.145
5	169046	0.140
7	657000	0.135

Price($)	Vol.	No.
0.160	271243	5
0.165	755452	9
0.170	679999	9
0.175	864999	8
0.180	1194230	8

Last trade - 16.10pm 30/09/2024 (20 minute delay)

ALA (ASX) Chart