I think it's time for a reality check folks.
The upfront payment will not be $500m, especially not with an additional huge back end payment. It's nice to dream about, but it's in the realm of possibilities... not even for Father Christmas riding a Unicorn...
The current market cap of NEU is $313m so any Partner wanting to invest that amount would be better off to make a takeover offer at $500m which represents a 60% premium to the current share price (equates to an offer price of approximately $4.30).
I don't think a takeover offer is a likely outcome (we are expecting a partnership announcement) and it is even more unlikely that any partner will make a $500m payment upfront.
I'm not trying to rain on the parade, but some of the comments and expectations on this thread are borderline ludicrous.
Iceberg buyer at $2.71, page-91
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add NEU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$16.93 |
Change
-0.100(0.59%) |
Mkt cap ! $2.144B | |||
| Open | High | Low | Value | Volume |
| $16.94 | $17.02 | $16.59 | $3.099M | 184.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 133 | $16.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.96 | 404 | 6 |
View Market Depth
| Last trade - 11.52am 13/11/2024 (20 minute delay) ? |
| NEU (ASX) Chart |