I agree with that we shouldn't get carried away with $100+ valuations in the short or medium term. It is pretty clear that we're pretty far away from our intrinsic value based on our existing business, let alone the potential. If ACAD comes out with decent numbers and sticks to guidance, and we get another good P2 set of results it wouldn't be unrealistic to expect $30+ (since we've already hit $25 on a single result), and the premium to $50 per share is rather minimal, particularly when you convert from AUD to USD.
I agree with that we shouldn't get carried away with $100+...
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Last
$19.86 |
Change
0.560(2.90%) |
Mkt cap ! $2.538B | |||
| Open | High | Low | Value | Volume |
| $19.80 | $20.00 | $19.40 | $3.777M | 191.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1060 | $19.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.87 | 209 | 1 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| NEU (ASX) Chart |