Hi Ash,
What sounds better: a $30 offer when you are at $26, or a $30 offer when the stock is acting erratically and is back to $19.
I think Little T mentioned a 'softening up' - I think he is exactly right: the primary motive create fear and doubt so that $30 and the eventual $40 that comes seems like a generous, god-send when really $80-$100 was the right sort of money all along. Could go lower yet if UBS is actually playing a short hand for someone. There is now a complete disconnect between ever improving fundamentals and the share price. That's not right, not how it should work. So it suggests something else is at play. I expect every psychological pressure point in the book to be played as we get to the pointy end.
I just know what I know about Neuren after close to 12 years, including the value in what it holds, and I won't be turned from that. An offer at $30 would be somewhat insulting, but it's just the pressure being brought to bear. Bought more today at $18.55.
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Last
$14.80 |
Change
-0.830(5.31%) |
Mkt cap ! $1.891B |
Open | High | Low | Value | Volume |
$15.65 | $15.72 | $14.76 | $11.61M | 772.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1392 | $14.80 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$14.90 | 1553 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1392 | 14.800 |
2 | 2500 | 14.760 |
1 | 67 | 14.750 |
2 | 1553 | 14.740 |
1 | 4633 | 14.720 |
Price($) | Vol. | No. |
---|---|---|
14.900 | 1553 | 2 |
14.930 | 1000 | 1 |
14.950 | 1828 | 1 |
14.990 | 1828 | 1 |
15.030 | 2078 | 2 |
Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
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