Following the release of the top-line results of the Ph2 trial for Phelan-McDermid syndrome, the market capitalisation at the end of December 2023 was $3.18B, an increase of $2.20B (215%) over the past 12 months.
The MC increase is in part explained by the issue of 700,000 new shares, which had little impact on the upward movement in price over the month.
Market Capitalisation is a Better Valuation Metric Than Share Price, page-81
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Last
$14.47 |
Change
-1.120(7.18%) |
Mkt cap ! $1.849B | |||
| Open | High | Low | Value | Volume |
| $15.38 | $15.40 | $14.40 | $9.160M | 624.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50 | $14.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.55 | 1764 | 2 |
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| NEU (ASX) Chart |