Interesting diametrically opposed positions here. Of course, rational opinion could produce arguments to support either.
I am prepared to hold tight on two counts.
Firstly, I believe that our SP is some distance from the high it will reach before P3 results, although in the short term, I don't discount the possibility that it will sink below $2. (However, I consider $1.70 from here a bit of a stretch - for me, that would signal an alarming lack of confidence in P3 results).
Secondly, to hold through those results will not constitute a totally binary SP outcome, due to the cash in hand to prosecute the P2 potentials of 2591.
However, I am on the fence as to whether or not this CR is connected with 'educated' doubt about the chance of Retts P3 success (regardless of company claims that it is totally disconnected - they could hardly say otherwise.) Therefore my confidence of a positive result has been diminished a little.
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NEU
neuren pharmaceuticals limited
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$12.84

Ann: Proposed issue of securities - NEU, page-42
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Last
$12.84 |
Change
-0.125(0.96%) |
Mkt cap ! $1.594B |
Open | High | Low | Value | Volume |
$12.82 | $13.05 | $12.53 | $5.652M | 441.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
22 | 1057 | $12.83 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$12.84 | 504 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 294 | 12.810 |
7 | 913 | 12.800 |
6 | 905 | 12.790 |
6 | 1534 | 12.780 |
4 | 1304 | 12.770 |
Price($) | Vol. | No. |
---|---|---|
12.820 | 12 | 3 |
12.830 | 616 | 13 |
12.840 | 808 | 11 |
12.850 | 1287 | 4 |
12.860 | 1254 | 4 |
Last trade - 15.51pm 17/06/2025 (20 minute delay) ? |
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Ronald Miller, Non-Executive Director
Ronald Miller
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