I think the current share price is ridiculous for the following reasons .
1. Current capitalisation of the company is $233 million
2. The company would have about $35 million in the bank .
3. So the other assets are valued by the market $198 million ,that is for 6 indications with nnz2566 and nnz2591 .
4. The trial results for trofinetide should be due in less than 8 weeks .
5. If trofinetide is successful the share price should be between $4 and $5 dollars.
6. The results only need to mirror Phase 2 results to be successful .
Share Price
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Last
$21.80 |
Change
0.460(2.16%) |
Mkt cap ! $2.783B | |||
| Open | High | Low | Value | Volume |
| $21.50 | $22.27 | $21.49 | $17.34M | 792.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 3550 | $21.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.81 | 567 | 1 |
View Market Depth
| Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
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Last
$21.85 |
Change
0.460 ( 2.27 %) |
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| Open | High | Low | Volume | ||
| $21.56 | $22.26 | $21.50 | 182893 | ||
| Last updated 15.59pm 16/05/2024 ? | |||||
| NEU (ASX) Chart |