Yep, would imagine people taking positions. It's less than a month away from Phase 2 results. If it's a success, it's one pivotal registration trial(and PK study) away from coming to market in the US and EU.
If you assume as Fifty One Capital have done; that Presendin will take a 40% share of the Total Addressable Market of $1.6B. Then peak sales are $640 million. Attach a 3-4 multiplier in terms of valuation, and you're left with a possible transaction value of $2B+ for the IIH product alone.
Lots of assumptions in the model, but at a $60 million market cap, it's becoming a very attractive proposition for long term investors.
- Forums
- ASX - By Stock
- IXC
- Fifty one capital podcast episode on Invex
Fifty one capital podcast episode on Invex, page-6
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IXC (ASX) to my watchlist
(20min delay)
|
|||||
Last
8.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.162M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 111160 | 8.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.5¢ | 8006 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 111160 | 0.080 |
1 | 22158 | 0.078 |
1 | 84879 | 0.076 |
1 | 6693 | 0.075 |
1 | 100000 | 0.052 |
Price($) | Vol. | No. |
---|---|---|
0.085 | 8006 | 2 |
0.086 | 68122 | 1 |
0.090 | 126146 | 1 |
0.095 | 100000 | 1 |
0.100 | 2750 | 1 |
Last trade - 11.00am 04/10/2024 (20 minute delay) ? |
Featured News
NEWS
Antler Copper Project hits major permitting milestone – air quality permit advances to final review
IXC (ASX) Chart |
Day chart unavailable