NEU 0.45% $20.00 neuren pharmaceuticals limited

.As I understand it, and please correct me if I am wrong, we...

  1. 267 Posts.
    lightbulb Created with Sketch. 91
    .
    As I understand it, and please correct me if I am wrong, we receive payment quarterly and it seems that each payment lands in Neuren's account around 45 days past the end of the relevant quarter .... meaning we will see the next payment (say) mid-August.
    I agree that depending on the numbers of clients it will be relatively small ... (say) $US1 million.
    BUT
    I think there may be a previously not mentioned in HC discussions the "special extra" in that with the value per client being so much higher than originally expected, the $US 50 million milestone payment due to Neuren when sales of $US 250 million in one calendar year is reached .... might actually occur before December 31st this year ... I estimate we might clock up $US 300 million sales in 2023 .... meaning that the $US 50 million might land in Neuren's account in mid-February 2024 ... a year before previously assumed.
    Now that would be nice!
    .
    D
    .


 
watchlist Created with Sketch. Add NEU (ASX) to my watchlist
(20min delay)
Last
$20.00
Change
0.090(0.45%)
Mkt cap ! $2.556B
Open High Low Value Volume
$19.88 $20.07 $19.73 $11.80M 591.1K

Buyers (Bids)

No. Vol. Price($)
2 5901 $19.97
 

Sellers (Offers)

Price($) Vol. No.
$20.00 3262 5
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
NEU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.