Pharmaxis has $25m cash, $10m PPE, and another $10m milestone payment looking likely by june.
Liabilities are really only $9m lease, $3m accounts payable and $2m other (excluded the $23m to novaquest because that is dependent on future revenues)
That gives me a rough book value of $45m - $14m = $31m
Currently pharmaxis is trading at $45m.
Question is, would you buy their entire portfolio of drugs for $14m?
I would. Boerhinger Ingelheim definitely would.
That's why I bought in today!
- Forums
- ASX - By Stock
- SNT
- We are reaching book value soon
We are reaching book value soon
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SNT (ASX) to my watchlist
|
|||||
Last
3.2¢ |
Change
-0.001(3.03%) |
Mkt cap ! $41.29M |
Open | High | Low | Value | Volume |
3.4¢ | 3.4¢ | 3.2¢ | $62.56K | 1.882M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 219277 | 3.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.4¢ | 200000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 219277 | 0.032 |
3 | 279811 | 0.031 |
7 | 2184842 | 0.030 |
7 | 1377931 | 0.029 |
4 | 990000 | 0.028 |
Price($) | Vol. | No. |
---|---|---|
0.034 | 200000 | 1 |
0.035 | 316000 | 2 |
0.036 | 343537 | 2 |
0.039 | 400000 | 1 |
0.040 | 200565 | 2 |
Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
Featured News
NEWS
First paediatric clinical site activated – major recruitment milestone and key appointment announced
NEWS
Exceptional lithium assays uncovered at Falcon Lake – expanding mineralisation, big potential ahead
SNT (ASX) Chart |