completely feel your - and many on this forum’s - frustration. It’s a shame that management decisions (particularly from Dr T telling shareholders for 12 months that a great ROW deal was imminent to then put out that announcement that it will likely be another couple of years before that will now happen) have killed the share price.
I’m also baffled why they didn’t do a CR when the SP reached $3, as they presumably knew at that point they needed to secure funding for NNZ-2591
what would be more frustrating is that NEU is still only up 25% from its lows, where most bios are double or triple their value in March. And most such as IMM and PTX have largely shrugged off their capital raises
It’s also telling that at the end of last year - as you mentioned in your post - most of us were touting $8 buy outs. It’s a bit sad that it’s now down to $4-5, but that’s the reality of where we are with the SP. and that’s what the market values us at.
But from here, what’s holding the SP from going back to at least $1.70 before the CR. If anything NEU is much better positioned than it was prior to the CR particularly as it doesn’t have the pressure of having to find funding for NNZ 2591
This is the April 2019 interview as a reminder
https://www.finnewsnetwork.com.au/archives/finance_news_network222481.html
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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 |
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