I'm not doubting that they're profitable, I can read and have read extensively.I am a shareholder. My interpretation of the market reaction is that their current profit seems to be priced in. The market doesn't seem to be valuing the NNZ251 yet and they're going by current profit. Yes, the company is financially secure, I'm not doubting that. Unfortunately, I also can understand why people might look at Neu and think based on its current commercial drug, much of its growth has occurred already. They might easily decide to not buy in, or take profits and put money elsewhere, such as a mortgage offset or HISA. I'm merely trying to explain potential market reaction. What's your explanation? Some conspiracy about big pharma, market manipulation or shorters?
Share Price, page-10359
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Last
$19.30 |
Change
-0.090(0.46%) |
Mkt cap ! $2.466B | |||
| Open | High | Low | Value | Volume |
| $19.55 | $19.65 | $18.88 | $10.53M | 549.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 4552 | $19.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.30 | 674 | 2 |
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| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| NEU (ASX) Chart |