NEU 3.19% $20.06 neuren pharmaceuticals limited

tbi affecting ozzie diggers, page-2

  1. 4,255 Posts.
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    Question for those traders smarter than myself? I am holding NEU, like the company, like the possibilities,US Army backing,cash in bank, Persis potential ect..I watch the stock during the day but not as closely now. I am long term and not too concerned about day to day movement as it seems the only negative factor right now is the global markets/asx falling. I realize that virtually ever stock has been going lower as people become scared, stop losses get triggered,,,ect ect

    If we look at the depth there at 2 sell orders which appear in the morning and the last few days are still there just moved down a little as the share price drops..Now if I wanted to sell 2 million shares I would not advertise my sell I would wait till there was a bit of a depth on buy side and get out....WHY are there two consistent large sell orders helping to pull the price down by making the depth look weaker?

    IMO someone does not really want to sell but they don't want price to go up...only reason I can think of is they want more shares for themselves and they are doing a good job so far...This is a very good sign IMO even though very fustrating short term...have a good weekend,,,sorry for the rambling...

    dyor
 
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Last
$20.06
Change
-0.660(3.19%)
Mkt cap ! $2.570B
Open High Low Value Volume
$20.41 $20.45 $20.02 $1.431M 71.06K

Buyers (Bids)

No. Vol. Price($)
2 5 $20.06
 

Sellers (Offers)

Price($) Vol. No.
$20.07 265 3
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Last trade - 11.49am 25/07/2024 (20 minute delay) ?
NEU (ASX) Chart
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