If Baker Bros have bought Lang' s stake, I am afraid they have enough stock to manipulate the price down to 50-60 cents and after that make a low-ball take over offer for $2/share.
We need a quick vaccine for the Coronavirus, and have the trial restarted, otherwise I am not sure how we can fend off the low ball take over.
Lang Walker has been the cornerstone investor in Neuren to defend against low ball offers, in my opinion, now that he's gone not sure how we can defend ourselves, because we don't have cash to advance nnz2291.
Hopefully, I am wrong with this theory.
GLTA
Ann: Temporary pause in new enrolments for LAVENDER trial in US, page-64
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Last
$16.48 |
Change
-0.290(1.73%) |
Mkt cap ! $2.076B | |||
| Open | High | Low | Value | Volume |
| $16.58 | $16.74 | $16.40 | $9.107M | 549.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 864 | $16.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.50 | 1668 | 1 |
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| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| NEU (ASX) Chart |