NEU neuren pharmaceuticals limited

Ann: 2024 Full Year Results webinar, page-13

  1. 2,610 Posts.
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    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.
    Last edited by htae39: 28/02/25
 
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Last
$16.48
Change
-0.290(1.73%)
Mkt cap ! $2.076B
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$16.58 $16.74 $16.40 $9.107M 549.9K

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No. Vol. Price($)
1 864 $16.43
 

Sellers (Offers)

Price($) Vol. No.
$16.50 1668 1
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