If Neu pay a dividend of $1 multiply by 80 = $80 share price.
This is the multiple that CSL and COH have applied to their dividend give or take.
I believe these company’s are what NEU can be compared with. Dividend paying global growth companies in Biotech/medical field.
Is NEU there today. NO.
FDA approval on March 12 2023 and YES they are there.
As discussed prior. $200m in annual revenue for NEU from Global sales of Trofinetide alone.
With 4 Phase 2’s in progress in 4 different areas with an even better technology. With 5 times bigger market share than Tofinetide for each indication.
If all goes well. IF.
That will be $4.2 Billion in revenue to NEU ( Utopia )
Take off the tax 30%? Operating and R&D funing $10%
Divide by 126,000,000 shares.
= Dividend
Multiply your estimated dividend multiple(depending on growth prospects at the time) to the Dividend = Share Price
This is my method. It is agricultural. Loose but lands me in a ball park for my purposes. Using comparable(soon to be) companies CSL and COH as a reference. And several other posters here arrive along similar numbers a different way.
Personally, I am going with 0.75c divi on a divi multiple of 50. So around $38 as my target. And this is just Trof in the next 18-24 months.
But, I beleive that has room to go 80+ as a multiplier. And the divi could be bigger too. So $80 to $100 Share price is not out of the question. Just for TROF.
.
- Forums
- ASX - By Stock
- Neuren Pharmaceuticals with Proactive at ASX Small and Mid-Cap Conference
If Neu pay a dividend of $1 multiply by 80 = $80 share...
-
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NEU (ASX) to my watchlist
|
|||||
Last
$20.72 |
Change
-0.150(0.72%) |
Mkt cap ! $2.648B |
Open | High | Low | Value | Volume |
$20.96 | $21.28 | $20.61 | $4.984M | 239.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 782 | $20.61 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$20.72 | 1021 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 782 | 20.610 |
2 | 3495 | 20.600 |
2 | 649 | 20.590 |
2 | 1774 | 20.570 |
1 | 145 | 20.550 |
Price($) | Vol. | No. |
---|---|---|
20.720 | 1021 | 2 |
20.730 | 5256 | 1 |
20.750 | 2517 | 1 |
20.790 | 782 | 1 |
20.800 | 649 | 2 |
Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
Featured News
NEU (ASX) Chart |
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online