NEU neuren pharmaceuticals limited

The statement may not hold water, but afaiac the lack of buy...

  1. 6,557 Posts.
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    The statement may not hold water, but afaiac the lack of buy back has enabled the downward pressure over the past (almost) three days. I am confident to call that no BB has occurred today (to this point) and I will be very surprised if there is a BB ann on Monday.

    I stand by my opinion that the SP is being controlled downwards by professional interests that are playing a longer-term game than simply the present. I have no evidence, but I have a strong 'gut' feel. If I did not have that feel I would probably get out and wait until/ if it turned back up.

    I am confident that it will turn up at any time because at face value it is ridiculously under-valued and I don't want to be out when that happens. Control is a doddle for those with professional access when (and only when) true background liquidity is low as has been the case with this company for most of its existence.

    I have never paid much heed to analyst valuations, but in the current case they are consistent and much higher the market is currently assigning. I am of the opinion that the general market is ignorant and is being played for all it is worth by professionals who are keen to see it under-valued - for the present. No trust where money is involved - no trust of stockbrokers, because they can play a two-sided game.

    [No experience, no evidence, but simply speculating and willing to back it. Believe it or not this is still a speculative stock.]
 
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(20min delay)
Last
$14.20
Change
0.890(6.69%)
Mkt cap ! $1.761B
Open High Low Value Volume
$13.50 $14.26 $12.96 $9.111M 655.8K

Buyers (Bids)

No. Vol. Price($)
1 2000 $14.17
 

Sellers (Offers)

Price($) Vol. No.
$14.23 3278 1
View Market Depth
Last trade - 16.15pm 27/06/2025 (20 minute delay) ?
NEU (ASX) Chart
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