I agree.
From my observations wrt recent takeovers in this area an offer of between US$1 -3 billion is possible.
So IF CU6 has the "gold standard" treatment then surely that puts any takeover at the upper end of that range ie ~US$3 billion
At todays exchange rate of .655 = Aus$4.58 billion.
And todays closing price of $2.65 a mkt cap of $691 million suggests an upper possibility of 6.6 x $2.65 = A$17.50.
IFF IT BECOMES THE GOLD STANDARD TREATMENT!
Ann: Theranostic prostate cancer trial advances to multi-dose, page-17
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Last
$5.38 |
Change
0.150(2.87%) |
Mkt cap ! $1.673B | |||
| Open | High | Low | Value | Volume |
| $5.24 | $5.67 | $5.14 | $12.99M | 2.391M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200 | $5.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.42 | 14000 | 1 |
View Market Depth
| Last trade - 16.10pm 04/06/2024 (20 minute delay) ? |
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Last
$5.39 |
Change
0.150 ( 2.71 %) |
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| Open | High | Low | Volume | ||
| $5.21 | $5.67 | $5.15 | 195565 | ||
| Last updated 15.59pm 04/06/2024 ? | |||||
| CU6 (ASX) Chart |