EYE 1.96% 25.0¢ nova eye medical limited

Anyone in DXB? Up more than 150% after securing a decent (but...

  1. 617 Posts.
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    Anyone in DXB? Up more than 150% after securing a decent (but not anything super remarkable) deal for its product. I reckon 2RT will score a substantially better deal (especially in relation to the upfront payment) given the significantly larger TAM which 2RT targets, as well as a number of other factors. However, it does indicate what we can expect to see as a minimum when a partnership for 2RT is announced. Also worth noting that EYE is a bit less than double the market capitalisation of DXB, which is not much at all considering the fact that EYE is generating strong revenue of $20m at a high growth rate from iTrack Advance. Clearly 2RT is not being priced into the share price yet, so any partnership arrangement should see a significant rerate (likely multiples higher than the current price)
 
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Last
25.0¢
Change
-0.005(1.96%)
Mkt cap ! $57.20M
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25.5¢ 26.0¢ 25.0¢ $152.7K 607.7K

Buyers (Bids)

No. Vol. Price($)
9 295849 24.5¢
 

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Price($) Vol. No.
26.0¢ 74000 2
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Last trade - 15.59pm 28/05/2024 (20 minute delay) ?
Last
26.0¢
  Change
-0.005 ( 1.96 %)
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26.5¢ 26.5¢ 25.0¢ 337223
Last updated 15.44pm 28/05/2024 ?
EYE (ASX) Chart
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