If you throw in the one-third share of the voucher and the first quarterly royalty due, and use todays exchange rate of .658, and throw in some interest from the bank, I calculate NEU owns the equivalent of around $300m in Aussie dollars.
that's a huge pile of money just sitting idle.
what other ASX biotech company has that kind of money sitting in their bank account?
In fact, which other ASX companies from any sector have that much money sitting in cash?
Share Price, page-6336
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