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Ann: Trading Halt, page-201

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scrubzor

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15/12/23

12:29

Post #: 71469328
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Originally posted by Taureanbull ↑

For anybody who might be interested in how this process actually works , and why the whole thread about leaky shops is garbage, I’ll explain to it.

An independent company is sent all the data to analyse. That takes about a month. NOBODY knows the results before this data is analysed.

THEY advise the FDA that the results will be delivered at a specific time and date.

THEN THE FDA TELLS NEU THE DATA IS COMING IN ADVANCE SO THAT NEU CAN CALL A TRADING HALT.

This stops the possibility of INSIDER TRADING . Then a day or so later the FDA receives the results. They sign off on the results , at this point NEU is in a trading halt. So the FDA can’t be blamed for leaking the results.

The results are forwarded to NEU who read the results , prepare a Notice which is forwarded to the ASX, who release it while NEU is still in a trading halt.

They do it this way yo prevent insider trading. They do it to prevent accusations of insider trading.

This system has been in place for many years.

It’s simple , it works. It’s fair,

The reason this all goes to the FDA first is because it’s an FDA approved DRUG TRIAL. They have a FDA IND in place .

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This reduces the possibility of INSIDER TRADING .

NEU Price at posting: $17.14 Sentiment: Buy Disclosure: Held
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Last $12.94		Change -0.200(1.52%)		Mkt cap ! $1.653B

Open	High	Low	Value	Volume
$13.03	$13.06	$12.75	$7.500M	581.8K

Buyers (Bids)

No.	Vol.	Price($)
1	2300	$12.93

Sellers (Offers)

Price($)	Vol.	No.
$12.96	2086	1

View Market Depth

No.	Vol.	Price($)
1	2300	12.930
1	775	12.900
1	192	12.890
2	1877	12.800
2	578	12.780

Price($)	Vol.	No.
13.000	119	1
13.050	1150	1
13.180	1000	1
13.200	50	1
13.260	1000	1

Last trade - 16.10pm 11/10/2024 (20 minute delay)

NEU (ASX) Chart

Ann: Trading Halt, page-201

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Ann: Trading Halt, page-201

Top Stories

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Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

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