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$19.47 neuren pharmaceuticals limited

Market Capitalisation is a Better Valuation Metric Than Share Price, page-82

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Tangentland

5,738 Posts.

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29/12/23

20:27

Post #: 71663395
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Originally posted by In4apenny: ↑

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.

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Lets not get too carried away.

In 12 months this could/should be 4 to 7 times this current market cap.

.

NEU Price at posting: $24.97 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $19.47		Change 0.080(0.41%)		Mkt cap ! $2.483B

Open	High	Low	Value	Volume
$19.58	$19.85	$19.23	$9.536M	488.1K

Buyers (Bids)

No.	Vol.	Price($)
3	1770	$19.41

Sellers (Offers)

Price($)	Vol.	No.
$19.49	348	1

View Market Depth

No.	Vol.	Price($)
3	1770	19.410
3	6582	19.400
1	218	19.390
2	1487	19.380
2	1674	19.370

Price($)	Vol.	No.
19.490	348	1
19.500	1680	2
19.520	1004	2
19.540	1084	2
19.550	1162	2

Last trade - 16.10pm 07/06/2024 (20 minute delay)


Last $19.51			Change 0.080 ( 0.62 %)
Open	High		Low	Volume
$19.60	$19.82		$19.24	217738
Last updated 15.59pm 07/06/2024 ?

NEU (ASX) Chart