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.
I think it's time for a reality check folks. The upfront payment...
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Last
$19.98 |
Change
0.010(0.05%) |
Mkt cap ! $2.535B | |||
| Open | High | Low | Value | Volume |
| $19.91 | $20.09 | $19.77 | $1.537M | 77.17K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 124 | $19.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.99 | 120 | 9 |
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| Last trade - 12.31pm 08/07/2024 (20 minute delay) ? |
| NEU (ASX) Chart |