NEU 5.31% $14.80 neuren pharmaceuticals limited

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  1. 2,060 Posts.
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    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
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Last trade - 16.10pm 19/11/2024 (20 minute delay) ?
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