No relationship at all. Trof is a company maker for NEU. Successful P3 delivers over $100m in revenue from Acadia alone, against a market cap of $275m, add cash revenue from the sale of rights to the ROW and on-going royalties therefrom. Apply any reasonable PE ratio to that income and you come up with an enterprise value of 5 to 20 times where we are today not including the potential of the other molecule and other illnesses possibly addressed.
What is Trof to Acadia? One drug, in one market, approved for the treatment of one syndrome. It will be nice to have but it will hardly move the needle for them.
No relationship at all. Trof is a company maker for NEU....
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Last
$16.71 |
Change
-0.590(3.41%) |
Mkt cap ! $2.135B | |||
| Open | High | Low | Value | Volume |
| $17.50 | $17.55 | $16.57 | $10.01M | 594.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 598 | $16.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.87 | 1676 | 1 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| NEU (ASX) Chart |