NEU neuren pharmaceuticals limited

Ann: Becoming a substantial holder, page-4

  1. 3,021 Posts.
    lightbulb Created with Sketch. 2767
    Morning All

    From Lanstead's website:

    Lanstead is a global investment firm that provides funding for ongoing business objectives to listed small and mid-cap growth companies. In Sydney, we focus on equity investments in companies already listed on the ASX or European exchanges and on management teams with a clear growth strategy. Our extensive experience allows us to invest in most industries, focusing on providing supportive, longer term capital that rewards company growth. Companies with Lanstead on the shareholder register via an equity placement to Lanstead with an accompanying sharing agreement can benefit from a unique and flexible approach to finance growth. This provides the opportunity for companies to benefit from additional cash beyond the original placing proceeds without having to issue additional shares.

    We invest in listed businesses both in the Australia & United Kingdom and look for companies who are poised to deliver. We have targeted A$200 million to invest globally.


    Apologies, as I am new to the stock, but did Lanstead acquire its shares as part of the recent placement? I ask because it seems that if this is the case, Lanstead might become a non-dilutive funding partner, which is enormously attractive given my experience in being diluted in small caps.

    Good luck to all. This is a good story and looks to have great potential.

    OOO
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$12.96
Change
-0.140(1.07%)
Mkt cap ! $1.612B
Open High Low Value Volume
$13.20 $13.36 $12.82 $4.627M 354.8K

Buyers (Bids)

No. Vol. Price($)
1 7585 $12.96
 

Sellers (Offers)

Price($) Vol. No.
$13.03 3344 2
View Market Depth
Last trade - 16.10pm 16/06/2025 (20 minute delay) ?
NEU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.