Trying to get a handle on the potential value of the upcoming phase 2 NNZ 2591 results...
If NEU get the $250 mil USD millstone this year ($77 million AUD) and another $65 million in royalty, the cash balance would be about $350 million at the end of the year.
If the Daybue royalty levels off at $80 million PA leaving a NPAT of say $50 million, and assuming a PE of 16 ($800 million), and the cash, would give a market cap of $1.1 billion....
Current market cap is $2.4 billion, implying the market is valuing the other trials at $1.3 billion dollars.
If half of this $1.3 billion is attributed to the upcoming phase 2 results, then could see a $650 million or 25% come off the market cap/share price if results disappoint...
It will be interesting to see how the market reacts if the results are OK...so neither an obvious failure or success, which I think is most likely.
Share Price, page-10084
-
- There are more pages in this discussion • 871 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add NEU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$20.10 |
Change
-0.620(2.99%) |
Mkt cap ! $2.569B | |||
| Open | High | Low | Value | Volume |
| $20.41 | $20.45 | $19.92 | $5.947M | 296.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 999 | $20.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.19 | 10 | 1 |
View Market Depth
| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| NEU (ASX) Chart |