The only way $10+ per share for a takeover will play out is via milestone achievements. I dont think this is out of the question.
I still find it interesting that Dr T did state in the 28/05/2019 Chairman's address "A formal process commenced in April and we
are well advanced in terms of engaging with third parties in the US, Europe and Japan. Our expectation
at this stage is that the process will complete in Q3 2019."
At some point in time something has changed which is why we are still waiting to hear.
Its interesting that the process was "well advanced" back in May 2019 and in December the "process has
advanced further, with a level of interest that the Neuren Board regards as meaningful and appropriate."
Trading, page-41
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