This is the reason here, as per the 16/11 Notification (my emphasis):
'.......we intended to consolidate Neuren’s shares into a smaller number in order to remove an impediment to investment for some international institutions...'
It's pretty simple, eh!
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NEU
neuren pharmaceuticals limited
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1.21%
!
$14.19

Reasons for consideration, page-2
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Last
$14.19 |
Change
0.170(1.21%) |
Mkt cap ! $1.766B |
Open | High | Low | Value | Volume |
$13.90 | $14.21 | $13.64 | $2.398M | 172.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 17 | $14.18 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$14.19 | 260 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 115 | 14.130 |
8 | 508 | 14.120 |
8 | 1500 | 14.110 |
8 | 1310 | 14.100 |
7 | 1273 | 14.090 |
Price($) | Vol. | No. |
---|---|---|
14.150 | 189 | 4 |
14.160 | 471 | 4 |
14.170 | 1290 | 8 |
14.180 | 1096 | 4 |
14.190 | 1512 | 7 |
Last trade - 13.13pm 08/07/2025 (20 minute delay) ? |
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NEU (ASX) Chart |