Hi All
The Edison report valued the company at about $199m with the Immutep acquisition plus CVAC. I guess the true value boils down to how much investors want to discount that value and what their individual risk appetites are...
If we take the current value of the company at $199m and the number of issued shares at 1.71b, the value is about 11c per share . Could this explain why the share price on the ASX has been hovering around this level?
pre market., page-78
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Last
32.0¢ |
Change
-0.035(9.86%) |
Mkt cap ! $464.8M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 34.5¢ | 31.5¢ | $2.884M | 8.841M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 264808 | 31.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.5¢ | 205318 | 5 |
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| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| IMM (ASX) Chart |