More pie in the sky - imo this deal with a very poor up front payment shows SC needs to go - lacks the skills required to get deals done which have the proper up front payment, far below what they showed in their table below - so this is why the sp is so low
From SUDA’s Corporate Presentation reissued in April 2018
COMPARABLE COLLABORATION/TRADE SALE DEALS
Generic drug Sumatriptan
Delivery Technology Nasal spray
Disease Migraine
Licensor/Licensee Optinose/Avanir
Territory North America
Upfront Payment US$20M
Milestones US$90M
Royalties on Sales Yes, tiered
Date Signed July 2013
Ann: SUDA Signs Agreement For SUD-001H For US Market, page-105
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Last
14.0¢ |
Change
0.005(3.70%) |
Mkt cap ! $147.2M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 14.5¢ | 13.5¢ | $174.0K | 1.245M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 61995 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 183155 | 1 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| ALA (ASX) Chart |