I agree that Neu should have P/E x 40 perhaps now even due to pipeline however most here find it hard to digest do hence the x 20…
Cash is all that is needed for phase 3’s to fast track management already doing all they can for them to be ready to go to phase 3.
Some mention of PMS the other day expectations for phase 3 to start end 2024, so if cashed up and all done at same time 3 years maybe 4
Really not that long to wait to get maximum value and further indications with upside.
The outstanding results I am sure would be reassuring for them to go alone.
Share Price, page-8583
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Last
$19.30 |
Change
-0.200(1.03%) |
Mkt cap ! $2.466B | |||
| Open | High | Low | Value | Volume |
| $19.50 | $19.59 | $19.11 | $5.729M | 296.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 259 | $19.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.31 | 640 | 2 |
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| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| NEU (ASX) Chart |