You're right, the deal will likely be $xx million upfront, with backend payments if Ph3 succeeds + royalties.
People speculating around SP are just passing time before the deal is announced. They're guessing as to what the SP might reach post-deal.
In my view, we'll sit around a $3 - $5 mark until Ph3 results come out. If Ph3 goes well then sky is the limit, if Ph3 fails then under $1 for sure.
I'm actually not convinced Treagus and co will stick around that long. I think after their options vest they may get this negotiation over the line then bail with their millions. Hope i'm wrong.
Cannot understand $4 a share....., page-3
Add NEU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$18.10 |
Change
-2.000(9.95%) |
Mkt cap ! $2.378B | |||
| Open | High | Low | Value | Volume |
| $19.86 | $19.99 | $17.97 | $6.624M | 353.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $18.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.11 | 289 | 3 |
View Market Depth
| Last trade - 11.14am 09/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$18.77 |
Change
-2.000 ( 6.57 %) |
||||
| Open | High | Low | Volume | ||
| $19.88 | $19.88 | $17.97 | 105543 | ||
| Last updated 11.34am 09/05/2024 ? | |||||
| NEU (ASX) Chart |