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...
Came from the AFR article... so why is this company valued at...
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Last
$6.14 |
Change
0.230(3.89%) |
Mkt cap ! $97.64M | |||
| Open | High | Low | Value | Volume |
| $5.93 | $6.30 | $5.91 | $107.3K | 17.30K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1319 | $6.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.27 | 300 | 1 |
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| Last trade - 14.50pm 27/06/2025 (20 minute delay) ? |
| AVR (ASX) Chart |