I can’t figure out why Acadia’s shares are down again, particularly in light of having earnings and expected profitability this year with revenue projections exceeding $1 billion USD on the low side. Applying a reasonable P/E ratio, what price should the shares trade at? One valuable lesson to take away is to not accept any of Acadia’s shares as payment in a take out for Neuren. In God we trust. All others including Acadia must pay in cash. Acadia’s shares have had a black cloud over their price and long term holders - 10 / 11 year holders - would realize losses if they were to sell now. ACAD = black cloud shares.
I can’t figure out why Acadia’s shares are down again,...
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Last
$19.50 |
Change
0.190(0.98%) |
Mkt cap ! $2.490B | |||
| Open | High | Low | Value | Volume |
| $19.39 | $19.98 | $19.38 | $7.285M | 370.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 7318 | $19.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.52 | 593 | 1 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$19.55 |
Change
0.190 ( 0.83 %) |
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| Open | High | Low | Volume | ||
| $19.41 | $19.97 | $19.39 | 83274 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| NEU (ASX) Chart |