Agree to disagree. It's more the point it is now trading at $250m market cap and they're just proposing they 'may' be able to cure it. 'May' being the key phrase. There have been many others before who thought the same - so much hype in itand still massive headwinds and risk. NEU may be able to resolve a whole myriad of neuro generative disorders from parkinson's to being 'aspirin for the brain' (assisting with ageing), including being phase 3 ready on Retts and Fragile X (orphan diseases thus allowing high drug pricing per patient per annum, versus say Biotron IF successful). I am interested to see their full results in due course but until then it is hard to justify the excitement except that it is targeting a '(un)sexy' indication. Anyway, point is that money flow and interest into the area is positive for Australian Biotech, rather than to debate point 3.
Cheers,
5x8's
Ann: Neuren and Lanstead agree to pause settlements for 120 days, page-73
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Last
$14.20 |
Change
0.890(6.69%) |
Mkt cap ! $1.761B | |||
| Open | High | Low | Value | Volume |
| $13.50 | $14.26 | $12.96 | $9.111M | 655.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $14.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.23 | 3278 | 1 |
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| Last trade - 16.15pm 27/06/2025 (20 minute delay) ? |
| NEU (ASX) Chart |