Hi Mickqld,
check out how closely NEU aligns with HT’s post regarding Reata getting taken over.
A$100 in nearish term is not a mismatch.
Do your numbers of how much NEU is going to make with Retts ramping up in the next 12 months.
It is not a fantasy valuation.
And that value will keep increasing as phase 2’s result.
https://hotcopper.com.au/posts/69054889/single
Share Price, page-6259
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Last
$16.33 |
Change
-0.240(1.45%) |
Mkt cap ! $2.087B | |||
| Open | High | Low | Value | Volume |
| $16.49 | $16.62 | $15.60 | $11.97M | 733.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 403 | $16.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.42 | 1763 | 1 |
View Market Depth
| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| NEU (ASX) Chart |