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Milestone payments demonstrate progress

Update | Alternative Energy | 25/09/2015

Deinove continues to make progress, passing research project milestones, signing agreements with commercial partners and diversifying future potential revenue streams by broadening its research platform. The company has yet to generate commercial revenue (we expect from FY17), but believes it has sufficient cash resources to last “beyond Q316”.

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Stock data

Market cap.€40.5m
Last close€2.600
High / Low (52 weeks)€4.4 / €1.6
Stock market listingEG
Forecast net debt (m)N/A
Forecast gearing ratio (%)N/A
SectorPharmaceutical & healthcare

Price performance

Relative *(7.9)(35.2)14.2

* % Relative to local index

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