NEU 0.35% $20.17 neuren pharmaceuticals limited

Just thinking simply if Neuren gets 70m USD from first sales...

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    Just thinking simply if Neuren gets 70m USD from first sales milestone and sale of the priority voucher then announces a 30m USD up front payment for ROW deal that's $150m in Aussie dollars without any royalties. Assuming 20m in expenses for all the phase 2 trials on the go and 30% tax on the profit then you're looking at earnings over 90m so about 70c per share. At a conservative PE ratio of 30 that's over $20 per share. I don't know how the timing of these things play out and how quickly sales will come on but all I've put down here seems very doable to me as a low end before the next Annual report is due.
 
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