I think the current share price is ridiculous for the following reasons .
1. Current capitalisation of the company is $233 million
2. The company would have about $35 million in the bank .
3. So the other assets are valued by the market $198 million ,that is for 6 indications with nnz2566 and nnz2591 .
4. The trial results for trofinetide should be due in less than 8 weeks .
5. If trofinetide is successful the share price should be between $4 and $5 dollars.
6. The results only need to mirror Phase 2 results to be successful .
I think the current share price is ridiculous for the following...
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Last
$18.82 |
Change
-0.200(1.05%) |
Mkt cap ! $2.403B | |||
| Open | High | Low | Value | Volume |
| $18.96 | $19.06 | $18.72 | $7.172M | 380.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 8015 | $18.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.83 | 114 | 1 |
View Market Depth
| Last trade - 16.10pm 12/06/2024 (20 minute delay) ? |
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Last
$18.82 |
Change
-0.200 ( 0.02 %) |
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| Open | High | Low | Volume | ||
| $18.95 | $19.02 | $18.72 | 92995 | ||
| Last updated 15.59pm 12/06/2024 ? | |||||
| NEU (ASX) Chart |