from AFR:
an upcoming ASX IPO company Triad Life Sciences was valued at $500m but the IPO plan was halted because its board is considering a takeover bid with 30% premium, giving the company an implied value of $650m.
taking an extremely conservative approach, assuming ARX is same as Triad, this alone will give ARX a sp of above $1.9 and moreover:
I have checked Triad website and find limited info (I personally feel much of it just bluffing and lack of substantiation). have a look urself.
my understanding is Triad, as a later comer, has not (or just planned to) commercialize its product, whist ARX has a range of commercialize products with proven effectiveness, a deployed and active sales team, distribution contracts with reputable distribution network, high gross margin, stable royalties, no debts and no capital raising on the road to profitability.
I do think ARX cap should be much higher than $650m valuation given to Triad. I think ARX is a hidden gem sooner or later to be found by more investors.
DYOR AND GLTA.
- Forums
- Charts
- Come on finish $5 plus
from AFR:an upcoming ASX IPO company Triad Life Sciences was...
- There are more pages in this discussion • 50 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ARX (ASX) to my watchlist
(20min delay)
|
|||||
Last
51.5¢ |
Change
0.005(0.98%) |
Mkt cap ! $177.2M |
Open | High | Low | Value | Volume |
51.0¢ | 52.0¢ | 50.5¢ | $51.17K | 99.70K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 17194 | 51.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
53.0¢ | 55200 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 17194 | 0.515 |
3 | 23582 | 0.510 |
1 | 4000 | 0.505 |
7 | 201441 | 0.500 |
2 | 11020 | 0.495 |
Price($) | Vol. | No. |
---|---|---|
0.530 | 55200 | 3 |
0.540 | 21921 | 2 |
0.555 | 7092 | 2 |
0.565 | 4301 | 2 |
0.570 | 52000 | 2 |
Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
|
|||||
Last
51.5¢ |
  |
Change
0.005 ( 1.48 %) |
|||
Open | High | Low | Volume | ||
50.5¢ | 52.0¢ | 50.5¢ | 28773 | ||
Last updated 15.57pm 10/05/2024 ? |
Featured News
ARX (ASX) Chart |