EYE 1.47% 34.5¢ nova eye medical limited

I wouldn't be trying to compare the two. EYE should be 50x...

  1. 1,333 Posts.
    lightbulb Created with Sketch. 184
    I wouldn't be trying to compare the two. EYE should be 50x more than OPT given that OPT is facing a market that is about 1/10th of ours and already heavily condensed with other products developed by major companies (companies that would not have much trouble pushing out an entrant). We have a market far larger and all to ourselves! A drug is much more difficult to pass than a device (safety is more difficult to ensure), and a cure is far harder to prove the efficacy of compared to a treatment. If the market is sufficiently confident to give such a product a valuation of $500m then 2RT deserves a valuation in the billions (perhaps 10s of billons) of dollars due to its high safety profile, proof of efficacy and the size of its market.
watchlist Created with Sketch. Add EYE (ASX) to my watchlist
(20min delay)
Mkt cap ! $49.57M
Open High Low Value Volume
34.5¢ 34.5¢ 34.5¢ $518 1.5K

Buyers (Bids)

No. Vol. Price($)
3 31000 34.5¢

Sellers (Offers)

Price($) Vol. No.
35.5¢ 21686 2
View Market Depth
Last trade - 15.07pm 16/04/2021 (20 minute delay) ?
0.005 ( 0.00 %)
Open High Low Volume
34.5¢ 34.5¢ 34.5¢ 822
Last updated 15.48pm 16/04/2021 (live) ?
EYE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.