Unless they go early Reggie, to get NEU as cheap as possible, maybe after the first phase 2 result. That is Xmas 2023. I suspect Baker Bros may have been planning for this for quite sometime.
Acadia have already stumped up many 10’s of millions for Retts and Fragile X global after only phase 1 trial results.
A$10,11,12 Billion is a bargain. They know the tech better than anyone.
But it may flush out other interested parties.
So it could be party time for NEU holders.
That is when the company will truly be valued on its future revenue and market opportunities. Medium and long term.
IE: based on revenues in 2-7+yrs time and future indications.
Not based on the starting point we are at now of $3-5m and increasing per quarter.
That is what the share market is currently valuing NEU atm.
And the currrent market value is not factoring in the future.
.
Unless they go early Reggie, to get NEU as cheap as possible,...
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Last
$21.27 |
Change
0.650(3.15%) |
Mkt cap ! $2.718B | |||
| Open | High | Low | Value | Volume |
| $20.84 | $21.56 | $20.76 | $7.760M | 364.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1378 | $21.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.29 | 218 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| NEU (ASX) Chart |