It seems I've answered my own question - It also begs the question what would a company like Amgen pay for a new drug like this?
A$13.9 Billion it seems.
https://www.reuters.com/article/us-medicines-m-a-novartis/novartis-takes-on-sanofi-amgen-with-9-7-billion-takeover-of-heart-drug-maker-idUSKBN1XY0NL (if HC blocks the link, its on Reuters and relates to Novartis' acquisition of "The Medicine Company" and its cholesterol lowering drug earlier this year).
It also gives a good indication of how much interest there is from big pharma in the very large and growing market for cholesterol lowering drugs. I'd be more than happy with a A$13 billion takeover offer and a 60,000% return, even half way.
I've also noticed on the Nyrada Twitter account they have some interesting people following and being followed. Seed capital linked to big pharma.
I think its time to top up at 22c and getting the word out on the NASDAQ forums.
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It seems I've answered my own question - It also begs the...
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Last
24.5¢ |
Change
0.010(4.26%) |
Mkt cap ! $51.67M |
Open | High | Low | Value | Volume |
23.0¢ | 25.0¢ | 23.0¢ | $143.6K | 590.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 60000 | 24.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
24.5¢ | 159081 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 60000 | 0.240 |
1 | 10000 | 0.230 |
1 | 100000 | 0.225 |
7 | 184773 | 0.220 |
1 | 100000 | 0.215 |
Price($) | Vol. | No. |
---|---|---|
0.245 | 159081 | 1 |
0.250 | 100000 | 1 |
0.255 | 227249 | 4 |
0.260 | 96421 | 4 |
0.265 | 15000 | 1 |
Last trade - 15.59pm 20/06/2025 (20 minute delay) ? |
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