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18/01/25

12:23

Post #: 77459193
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Originally posted by royalwulff55: ↑

Totally.

Something else that I don't think is widely understood is that NEU's likely income over next two years will entirely fund the PMS phase 3 trial and a few phase 2 trials without eating into current cash pile at all.

If you assume a two year phase 3 trial, US/Canada total Daybue sales of $425 million US for 2025 and $500 million US for 2026 (entirely plausible and in line with analyst reports) and European approval in that time frame NEU will receive:

$46 million US 2025 royalties
$50 million US 2026 royalties
$50 million US royalty payment at end 2026
$35 million US first sale in Europe at some point in 2026

= total $181 million US pretax.

This does include interest on current cash holdings over next two years or any European sales royalty income as details are unclear.

At $100 million US for phase 3 and $5-10 million US per phase 2 NEU can pay their own way without touching current cash holdings. A second phase 3 trial in PTHS would almost be achievable as this is now looking likely to extend well into 2027 at least.

An absolutely remarkable position to be in.

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And this is why our SP has been beaten down in recent times by those who are able; NEU’s golden years are still to come and they’re not too far away, hold tight.

NEU Price at posting: $13.20 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $13.38		Change 0.070(0.53%)		Mkt cap ! $1.650B

Open	High	Low	Value	Volume
$13.50	$13.58	$12.96	$1.198M	90.39K

Buyers (Bids)

No.	Vol.	Price($)
14	350	$13.35

Sellers (Offers)

Price($)	Vol.	No.
$13.37	122	1

View Market Depth

No.	Vol.	Price($)
16	378	13.350
3	247	13.340
5	787	13.330
3	488	13.320
3	466	13.310

Price($)	Vol.	No.
13.370	18	2
13.380	41	1
13.390	423	3
13.400	594	6
13.410	1639	5

Last trade - 10.27am 27/06/2025 (20 minute delay)

NEU (ASX) Chart

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