It doesn’t look like ACAD pulled the trigger here. It’s more likely NEU called them on the option, and they came up short. That’s why this is going to get interesting. Somebodies approached NEU. NEU has now officially listed this for sale, calling for EOI.
I like the initial deal also, but am more interested in the next deal. Treagus has set the tone, expecting NEU to have a good year.
We won’t get any warning on next deal. Trading Halt then bang. It’s what we get???????
NEU Price at posting:
$1.32 Sentiment: Buy Disclosure: Held
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