While I thought this new thread’s title was a bit silly I do think that there’s a trend worth discussing; that is NEU in the next couple of weeks will likely reach a nexus in it’s history.
I believe the SP is trending towards the $20 mark pre the much anticipated P2 results, those results will signal either a significant pullback in the SP and possibly a change of tack by management in NEU’s business development which will allow retail their last opportunity to enter the register, the alternative is a successful P2 result upon which I believe we’ll witness an immediate lift to the $25+ mark and all opportunity for retail entry may well be restricted and T/O talks will definitely be on behind the scenes, what the eventual deal will entail is anybody’s guess but 2024 will certainly be entertaining for all current SH’s and I wish all ‘good luck’, mainly because most here are LTH’s.
$20 party, page-25
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Last
$16.15 |
Change
-0.940(5.50%) |
Mkt cap ! $2.064B | |||
| Open | High | Low | Value | Volume |
| $15.04 | $16.33 | $14.65 | $25.91M | 1.638M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 125 | $16.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.20 | 1500 | 1 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| NEU (ASX) Chart |