NEU 1.56% $20.87 neuren pharmaceuticals limited

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  1. 6,063 Posts.
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    The state of the buy/sell queues together with the (in all practicability) meaninglessly wide spread of tiny volume bids/offers at the open, tells the current story - the 'players' are in total control as retail 'mum &dad' investors don't appear interested. Unfortunately, that state of affairs will probably continue until the first P2 readout (Decemberish).

    [In a psychological sense our post consol SP of $12 (cf. an equivalent pre consol SP of 60 cents) is probably a retail turn off to speculative punters as they prefer more shares for their buck i.e. 10,000 shares @ 60c is preferable to 500 shares @ $12, when in fact it is exactly the same investment.]
    Last edited by What A Gas: 08/08/23
 
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