NEU 1.13% $20.97 neuren pharmaceuticals limited

Hi Tony,$24 has been good to me, so $50 would go ok also.However...

  1. 2,150 Posts.
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    Hi Tony,

    $24 has been good to me, so $50 would go ok also.

    However its not really about me personally nor for the larger holders in my view.

    The point is getting maximum value for the asset we have, no different when you sell something of your own, like a house for an example, in most cases you want the best price.

    This is now different with Neu, however the bigger question for me is at $50 I assume you mean AUD, is only $4bn US, management which has been faultless to date, do they want to leave their mark on the industry selling a asset with further potential revenue of $500bn + for only $4bn US.

    This figure if correct at both ends just docent make sense, no logic however even if you cap 2591 at $200bn in potential future sales of only x4 indications and daybed included our 20% share the $4bn US docent make sense.

    It is very obvious that managements strategy is to get themselves in the best possible situation for leverage and back 2591 in all the way, 1st result has supported this, another x 3 results similar is outstanding and they are happy to go to the last read out in my view which means more value added.

    I think $10bn US is respectable for this early stage asset, however the I do see the potential and think that $20bn US could be achieved easily if all x 4 indications have success, the upside for the acquirer is massive, business want to buy assets cheap but on the other hand it dosen't want to miss out on the potential pipeline of $500bn+ either


 
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