NEU neuren pharmaceuticals limited

Ann: Type C Meeting granted by FDA for Phelan-McDermid syndrome, page-25

  1. 2,528 Posts.
    lightbulb Created with Sketch. 691
    The company has no franking or imputation credits as of their last full year report. Paying a 50c diviend to share holders that isn't franked would be a strange decision when there's an active buyback which is much better for our potential total return.

    https://hotcopper.com.au/data/attachments/6792/6792589-ed3120467ab00269b5bdb7c559165e2c.jpg


    https://www.neurenpharma.com/pdf/7fa054fc-98c4-4a0a-81fc-c6aac3f42b86/Appendix-4E-and-2023-full-year-accounts.pdf

    We don't yet have the 2024 full year report so perhaps they now have the sufficent franking credits but I still maintain that would be an odd decision and all commentary from Jon seems to suggest that a dividend is unlikely.
 
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Last
$12.64
Change
0.375(3.06%)
Mkt cap ! $1.567B
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$12.52 $12.69 $12.26 $4.692M 377.2K

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