Came from the AFR article... so why is this company valued at $300m+ yet, from my understanding, hasn't actually commenced FDA clinical trials? Is the pre clinical data that impressive that the likelihood of success is so high?
I have literally had a quick glance at it so I could be incorrect with my interpretation, just seems like a high valuation for a company that hasn't yet begun FDA trials...
DurAVR and AVR in the AFR today! (Plus Bioshares), page-3
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Last
$4.85 |
Change
-0.150(3.00%) |
Mkt cap ! $75.19M | |||
| Open | High | Low | Value | Volume |
| $5.00 | $5.00 | $4.84 | $15.32K | 3.146K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 882 | $4.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.20 | 2136 | 2 |
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| Last trade - 15.14pm 25/07/2025 (20 minute delay) ? |
| AVR (ASX) Chart |