Imagine the legal implications.
Let's say they come back with a valuation of $2 per share.
I'm getting a divorce and my wife has 1 million PAA shares. I could then value her portfolio at $2 million in our financial settlement agreement because I could present a document from a licensed valuer saying that's what they are worth. You keep the shares dear and I'll take the house.
The IP suite could possibly be worth something if it was currently generating royalty income but at the moment it is only hopes and dreams.
PAA, A New Dawn , FDA ODD Approval and Entering Phase II MND Trial, page-916
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Last
19.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $93.42M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.3¢ | 19.0¢ | $25.41K | 133.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5372 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 262575 | 3 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| NUZ (ASX) Chart |