NEU neuren pharmaceuticals limited

Ann: 2024 Full Year Results webinar, page-13

  1. 2,516 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
$12.85
Change
-0.110(0.85%)
Mkt cap ! $1.598B
Open High Low Value Volume
$12.82 $13.05 $12.53 $6.559M 511.8K

Buyers (Bids)

No. Vol. Price($)
1 1657 $12.83
 

Sellers (Offers)

Price($) Vol. No.
$12.85 6303 1
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Last trade - 16.10pm 17/06/2025 (20 minute delay) ?
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