Neuren now has a book value of $150m. It will have $25m cash so we are down to $125m.
It has assets that are negotiated for a deal paying that value just for development milestones being met. Plus the substantial future earnings. It is massively undervalued if they get FDA approval - so you need to factor in that risk and the time it will take to get there.
I think we were all expecting to commence P3 2H 2018 not 2H 2019. It think the manufacturing scalability is problematic/expensive and this has only been communicated more recently. Great deal for 2020-2021.
Neuren now has a book value of $150m. It will have $25m cash so...
-
- There are more pages in this discussion • 218 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add NEU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$17.09 |
Change
0.000(0.00%) |
Mkt cap ! $2.184B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8 | $18.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.00 | 3429 | 4 |
View Market Depth
| Last trade - 14.50pm 08/08/2024 (20 minute delay) ? |
| NEU (ASX) Chart |
Day chart unavailable