With about 39m AUD in the bank and a current MC of 55m AUD and no debt the current EV of Novogen is about 16m AUD or about 3.5 cps. I can't see why it should be so low.
Quiet day so far. Has anyone else noticed that low volume selling that kept filling the sell side recently seems to have stopped?
I tend to agree with what Cane said earlier in the thread - something else will get released this week - something that had to wait for the tox results to be reported first.
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