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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$12.81

Ann: Proposed issue of securities - NEU, page-42
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Last
$12.81 |
Change
-0.150(1.16%) |
Mkt cap ! $1.612B |
Open | High | Low | Value | Volume |
$12.82 | $12.90 | $12.70 | $239.4K | 18.70K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 132 | $12.79 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$12.81 | 132 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 227 | 12.730 |
1 | 75 | 12.720 |
6 | 1256 | 12.710 |
6 | 2369 | 12.700 |
3 | 429 | 12.690 |
Price($) | Vol. | No. |
---|---|---|
12.770 | 115 | 2 |
12.780 | 255 | 5 |
12.790 | 1453 | 4 |
12.800 | 1200 | 5 |
12.810 | 430 | 3 |
Last trade - 10.12am 17/06/2025 (20 minute delay) ? |
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REDCASTLE RESOURCES LIMITED
Ronald Miller, Non-Executive Director
Ronald Miller
Non-Executive Director
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