You're looking at it in the wrong way imo. Before the...

  1. 9 Posts.
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    You're looking at it in the wrong way imo. Before the announcement, the stock was trading at 80c for a AUD$130 million market cap. It has added 50% since the announcement or AUD$66 million. So where you say that 2/3 of the current market cap (AUD$126 million) is linked to the most recent news, the market only assigns 1/3 of the market cap to the news (AUD$66 million).

    I do however agree that the deal is worth more than the AUD$66 million added in market cap as it completely derisks the story and it now presents a low risk way to play the Alzheimer story as it will benefit from ongoing clinical research / trials, ALZ commercialization, etc.


 
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Last
$1.70
Change
-0.050(2.86%)
Mkt cap ! $288.8M
Open High Low Value Volume
$1.75 $1.75 $1.70 $69.18K 40.43K

Buyers (Bids)

No. Vol. Price($)
3 3915 $1.68
 

Sellers (Offers)

Price($) Vol. No.
$1.70 7628 1
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Last trade - 16.10pm 02/07/2025 (20 minute delay) ?
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