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$18.01 telix pharmaceuticals limited

People catching on. TGA rev not even flowing yet

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Compounder50

255 Posts.

269

27/07/22

09:37

Post #: 62746516
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Originally posted by Compounder50: ↑

Hi Antibotter,

What makes you think this is overvalued - can you please provide some reasoning?

I've seen ASX biotecs trade at a PE ratio of 250.

Not saying Telix will trade at 250 but it's substantially de-risked now that it has an approved product and I'm surprised that it's only trading at a 2 billion dollar market cap.

If Telix can do 37.5 mil of revenue next year through illuccix based on TGA approval (even at a PE of 90) then that should put a valuation of approx 3.4 billion vs 2 billion currently.

That also discounts illuccix approval in all other territories that they currently have applications in. It also discounts approval of any other products.

Also, most of the companies that Telix are collaborating with have huge market caps. Even just look at the Amgen collaboration. They have a market cap of 124 US billion. They could do a takeover for 10 billion in a blink of an eye.

I really think this is just the beginning and I think the funds know it too.

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People catching on. TGA rev not even flowing yet

TLX Price at posting: $7.31 Sentiment: Hold Disclosure: Held
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(20min delay)
Last $18.01		Change -0.600(3.22%)		Mkt cap ! $6.026B

Open	High	Low	Value	Volume
$18.59	$18.59	$17.75	$26.93M	1.494M

Buyers (Bids)

No.	Vol.	Price($)
1	28524	$18.01

Sellers (Offers)

Price($)	Vol.	No.
$18.08	827	1

View Market Depth

No.	Vol.	Price($)
1	28524	18.010
1	277	18.000
4	7519	17.990
2	8831	17.960
1	5593	17.950

Price($)	Vol.	No.
18.080	827	1
18.120	1500	1
18.160	5547	1
18.170	1222	2
18.190	5547	1

Last trade - 16.10pm 02/09/2024 (20 minute delay)

TLX (ASX) Chart