Muggamutts & Little T, I've been watching your interesting discussion about the SP & potential acquirers of NEU. I too am frustrated with the low SP but reckon that retail investors have zero chance of changing the situation. Back on 26 June I wrote a response to Hottod that said in part :
" NEU should be sold now if management didn't think $8/share could not be achieved within a reasonable time frame (months not years). My target is $8 per share (holding for 15 years), but I'm even more convinced NEU should be sold now albeit at a $4-$5 low-ball price. There are other good market opportunities for funds right now without the same long-term, technical, management & commercial risks.
Hedge Funds will win again....but that's their game and they're good at it. After 15 years waiting, I'll happily go and win on something else !"
Sad to say I'd still take $5/share now and move on.
Not professional advice : please do your own DD
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Last
$14.80 |
Change
-0.830(5.31%) |
Mkt cap ! $1.891B | |||
| Open | High | Low | Value | Volume |
| $15.65 | $15.72 | $14.76 | $11.61M | 772.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1392 | $14.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.90 | 1553 | 2 |
View Market Depth
| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| NEU (ASX) Chart |