TB your proposition is naive.
A company with likely earnings of $10B is worth a lot more than a company with likely earnings of $10M, post approval. Saying that companies prior to phase 3 should somehow have similar market caps without reviewing possible earnings and chance of passing is just silly.
Current Price of $2.30 versus potential ., page-34
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Last
$19.32 |
Change
0.140(0.73%) |
Mkt cap ! $2.467B | |||
| Open | High | Low | Value | Volume |
| $19.39 | $19.66 | $19.28 | $482.3K | 24.83K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 266 | $19.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.33 | 91 | 4 |
View Market Depth
| Last trade - 11.06am 03/05/2024 (20 minute delay) ? |
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Last
$19.44 |
Change
0.140 ( 1.24 %) |
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| Open | High | Low | Volume | ||
| $19.50 | $19.63 | $19.28 | 7897 | ||
| Last updated 11.24am 03/05/2024 ? | |||||
| NEU (ASX) Chart |