NEU 0.35% $20.17 neuren pharmaceuticals limited

Ann: Reponse to Price Query , page-8

  1. 3,083 Posts.
    lightbulb Created with Sketch. 46
    come on guys cant you read btwn the lines.

    RE: PRICE QUERY
    In response to your letter dated 21 September 2009 regarding the change in share price from a low of 2.8 cents to a high of 4.3 cents and an increase in traded volume of Neuren shares, the Company provides the following answers to your questions:
    1. The Company is not aware of any information concerning it that has not been announced.....

    They all ready have announced it in their half yearly reports

    "Since presentation of the 2008 Annual Report in March 2009, the Group has entered into a second round of discussions with private investors concerning financing of entities owned and controlled by Neuren to enable the ongoing development of the Group’s drug portfolio. These discussions are at an advanced stage but there can be no certainty that these initiatives will proceed. Based on discussions conducted to date the Directors have a reasonable expectation that they will proceed successfully,"

    This is the reason behind the buying...They have already disclosed this info twice... just check out the last speeding ticket.. Good luck all holders... The real question we should be asking is why isnt NEU @ 9 cents following the US army injection of up to US $20million
    I think the FOREX might have something to do with it..

 
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$20.17
Change
0.070(0.35%)
Mkt cap ! $2.578B
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$20.39 $20.53 $20.14 $4.102M 202.5K

Buyers (Bids)

No. Vol. Price($)
2 249 $20.15
 

Sellers (Offers)

Price($) Vol. No.
$20.31 790 1
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