I think their strategy seems quite clear. To pursue progressing these indications ourselves, probably with financial help if we have to beyond the first 2, unless market/offer is prepared to value us fairly.
The MC and income of NEU are many multiples higher on successful Ph3 and approval of even 1 indication so if market does not bridge that gap to an extent than I would expect JP to continue progressing as we currently are. That would represent shareholders best interests, failing a TO that recognises this and bridges some of the valuation gap.
I think their strategy seems quite clear. To pursue progressing...
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Last
$13.56 |
Change
-0.360(2.59%) |
Mkt cap ! $1.733B | |||
| Open | High | Low | Value | Volume |
| $13.94 | $13.96 | $13.50 | $6.421M | 470.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1643 | $13.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.61 | 3100 | 1 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| NEU (ASX) Chart |