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$15.35 neuren pharmaceuticals limited

Who is keeping the price down ., page-3

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skram1182

1,280 Posts.

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22/05/21

15:45

Post #: 53350403
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Originally posted by Little T: ↑

I having been thinking about who could be possibly be keeping the price down consistently and for so long and now have come out with the following theory .
1. Acadia has spent about $170 mill on trofinetide and have said they will be spending more short term .
2.Results are probably less than 6 months away.
3.Who is most likely to want to take over Neuren if the results are positive as the milestones and royalties could be well over $1 bill .Neuren currently capitalised at about $135 mill.
4.Who owns 26% of Acadia /Baker Bros .
5.Who has 2 directors on the Board at Acadia /Baker Bros .
6.Shares sold /bought are coming out of nominee company which is very hard to trace as overseas nominee companies normally ignore when asked who the shares are being bought or sold for .
7.Based on what Neuren has at present the stock would be at least $4 on the Nasdaq yet we are languishing at $1.21.
6.Based on the above my educated guess is that Baker Bros might well be very interested in keeping the price as low as possible before Acadia makes a takeover offer for Neuren .The lower the price of Neuren shares the lower the offer !!!!

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Great post, I think you are on the money!

NEU Price at posting: $1.21 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $15.35		Change 0.010(0.07%)		Mkt cap ! $1.958B

Open	High	Low	Value	Volume
$15.19	$15.47	$15.07	$4.045M	264.9K

Buyers (Bids)

No.	Vol.	Price($)
21	542	$15.34

Sellers (Offers)

Price($)	Vol.	No.
$15.36	902	16

View Market Depth

No.	Vol.	Price($)
19	537	15.340
11	972	15.330
5	568	15.320
7	632	15.310
6	749	15.300

Price($)	Vol.	No.
15.360	861	13
15.370	958	9
15.380	421	4
15.390	620	4
15.400	843	5

Last trade - 14.59pm 29/08/2024 (20 minute delay)

NEU (ASX) Chart