Hi all
Overnight Edison published an updated report on SUDA to take into account the capital raise and also the Zolpimist TGA approval.
They have upgraded the valuation of SUDA to 8c.
They assume a 70% probability of a successful commercialisation of Zolpimist and peak sales in Oz to be just under $20m.
See below link for more info:
https://www.edisongroup.com/publication/a-tga-approval-and-a-capital-raise/27654
Edison research upgrades SUDA's valuation
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Last
14.5¢ |
Change
0.005(3.57%) |
Mkt cap ! $152.5M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 14.5¢ | 14.0¢ | $47.52K | 327.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7168 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 374430 | 9 |
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| Last trade - 15.39pm 23/08/2024 (20 minute delay) ? |
| ALA (ASX) Chart |