I think this comment paired with the fact Neuren has stated publicly they aren't intending to sell the drugs themselves should satisfy people who want a return in the medium term compared to the long term. It flags that a transaction could occur anytime if the buyer pays the right price and they aren't going to be selfish and keep the company existing so they have a job - they will sell to the highest bidder if that's the best thing for shareholders rather than try a build a sales force, or do something else they aren't set up to do. I think this is an incredibly important point and the fact the NNZ-2591 trials will be 3 months long means that this could all happen rather quickly, where we see another 10x+ uplift like we did from Trof when we were trading in the $1-3 (post consolidation) range for many years until the share price went bizzerk
Note: 3 months is the trial length (after recruitment) - the entire process can take longer but we can get an offer after results but before a NDA and/or approval.
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NEU
neuren pharmaceuticals limited
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$16.48

Ann: 2024 Full Year Results webinar, page-13
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Last
$16.48 |
Change
-0.290(1.73%) |
Mkt cap ! $2.076B |
Open | High | Low | Value | Volume |
$16.58 | $16.74 | $16.40 | $9.107M | 549.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 864 | $16.43 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$16.50 | 1668 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 864 | 16.430 |
1 | 2500 | 16.400 |
1 | 306 | 16.300 |
1 | 35 | 16.150 |
1 | 50 | 16.050 |
Price($) | Vol. | No. |
---|---|---|
16.620 | 58 | 1 |
16.720 | 100 | 1 |
16.750 | 300 | 1 |
16.890 | 1266 | 1 |
16.950 | 75 | 1 |
Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
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