If think that *if* an offer comes our way it will be considered thoughtfully by Jon and the board, based on what we have achieved at that time and what our future looks like. I am a firm believer that this exercise is about padding out our valuation, and that we'll either issue an exclusive license for 2591 (ex- Fragile X and Retts), or be taken over in a 'friendly' transaction. The comment from Jon saying that he wants an outcome that gets the treatment into the hands of the most patients as soon as possible is a win for both investors and patients alike. I think a forced takeover occurring (which is against the board's recommendations) is unlikely.
Right now it is still my feeling that we're 20%~ below a very conservative valuation on what we have right now, with no further success assumed so in my eyes it makes sense to stay the course and see what the next 6-12 months hold as the upside is large, and the downside is somewhat limited (pending something very left field) Daybue, PMS and our cash balance gives us a floor to our SP. That floor is lower than I thought but it is there, somewhere
- Forums
- ASX - By Stock
- Ann: 2023 Annual Report to shareholders
If think that *if* an offer comes our way it will be considered...
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NEU (ASX) to my watchlist
(20min delay)
|
|||||
Last
$20.06 |
Change
1.000(5.25%) |
Mkt cap ! $2.550B |
Open | High | Low | Value | Volume |
$19.58 | $20.08 | $19.47 | $2.003M | 101.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 55 | $20.05 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$20.07 | 127 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 90 | 19.950 |
5 | 241 | 19.940 |
3 | 119 | 19.930 |
4 | 402 | 19.920 |
3 | 306 | 19.910 |
Price($) | Vol. | No. |
---|---|---|
19.980 | 158 | 4 |
19.990 | 165 | 4 |
20.000 | 141 | 1 |
20.010 | 221 | 3 |
20.020 | 147 | 1 |
Last trade - 10.56am 14/05/2024 (20 minute delay) ? |
|
|||||
Last
$20.21 |
  |
Change
1.000 ( 5.73 %) |
|||
Open | High | Low | Volume | ||
$19.56 | $20.27 | $19.53 | 27096 | ||
Last updated 11.15am 14/05/2024 ? |
Featured News
NEU (ASX) Chart |
The Watchlist
MGU
MAGNUM MINING AND EXPLORATION LIMITED
Neil Goodman, MD
Neil Goodman
MD
SPONSORED BY The Market Online