The only reason the SP is dropping is because no one is interested in buying right now. There is no big sell off going on.
I don't think NEU have any ammo to pump the price. The only thing they could do is get a big upfront on the ROW deal and pay a special dividend. A $50m payout on a $130m Cap would kick start things - but if the big upfront came at the expense of the total deal value and royalties etc I am not sure it is in the best interests of the business.
If they can do a deal like Acadia for ROW, then we have a $130m cap stock sitting on maybe $1b of a deal if they can get it to market - so the market currently rates this as a 13% chance. Crazy when you think Acadia will invest half the market cap value in P3 and manufacturing - so they obviously think the chance of success is far higher.
- Forums
- ASX - By Stock
- NEU
- Current Stock Valuation .
Current Stock Valuation ., page-107
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NEU (ASX) to my watchlist
(20min delay)
|
|||||
Last
$13.01 |
Change
-0.010(0.08%) |
Mkt cap ! $1.662B |
Open | High | Low | Value | Volume |
$13.06 | $13.26 | $12.81 | $5.865M | 451.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 14541 | $13.00 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$13.02 | 2438 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 14541 | 13.000 |
1 | 75 | 12.990 |
1 | 2500 | 12.960 |
1 | 300 | 12.950 |
4 | 3866 | 12.940 |
Price($) | Vol. | No. |
---|---|---|
13.020 | 2438 | 1 |
13.030 | 867 | 1 |
13.040 | 69 | 1 |
13.050 | 3366 | 3 |
13.070 | 1999 | 1 |
Last trade - 16.10pm 15/10/2024 (20 minute delay) ? |
Featured News
NEU (ASX) Chart |
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
SPONSORED BY The Market Online