Irrespective of increasing short position, NEU management knows that the SP is significantly undervalued at the moment with such strong cash balance, that why the Buy Back offer is in place. The quarterly report may surprise us but I reckon results will be inline around $87-88M.
We have much clarity now on NNZ-2591 and DAYBUE approval in Canada, Japan and in EU are in pipeline. In addition, the Take Over offer is always keeping our head high and NEU management (unlike others) knows its true value. Keep believing and we'll be winer at the beginning of next year.
If a Take Over offer will be on plate, the shorts have no escape, but they always a step ahead than retail investors
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