NEU 3.50% $14.05 neuren pharmaceuticals limited

Ann: Phase 3 enrolment successfully completed, results in Q4 2021, page-92

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  1. 13,014 Posts.
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    Dylboss: "Shouldn't they have around $37m cash in the bank after the placement and September cashflow?"

    Dylboss/others: As we all know, the outcome of the phase 3 test will either be good or bad (binary). Hence, some people MIGHT have seen/perceived the recent CR to stock up on those - by 'Dylboss' mentioned 37mio. cash - as a kind of "insurance" money in case the results might be on the negative side rather than the positive one...?

    I cannot really otherwise comprehend WHY the NEU share-price at this point in time is still so "depressed" ?!

    Any other explanations and/or comments most welcome as always!! Where do others SEE the NEU share-price (approx.) just before the phase 3 results WILL be announced sometime late in 2021?? TIA!

    wasa
 
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