NEU neuren pharmaceuticals limited

Ann: Neuren announces A$50m on-market share buy-back program, page-110

  1. 1,484 Posts.
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    I seriously cant believe how many people are worked up by this buyback!

    From my perspective...

    1) Sale of the Acadia Voucher was $150m, more than initially thought. Their share was US$50m, lets say an increase US$20m more than they originally planned;
    2) The majority of this "free money" IMO makes up the AU$50m buyback.

    So in reality a lot of this buyback - IF THEY CHOOSE TO DO IT - will be free cash based on the inflated sale price of the PRV voucher.

    Not to mention its a strong signal to the market regarding recent SP fluctuations.

    Reality check people!
 
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$16.48
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