Agree. If your shorts were at $15 then if reaching $9 wasn't good enough to lock in profits, then what level are they waiting for? $5, $2?
To me this aligns with the view that the shorting isn't actually about making money from shorts. Which is where I've been leaning for a long time (happy to be called a conspiracy theorist).
Trying to look at Neuren objectively and where its current share price is vs average analyst price target - you'd think it would be one of the last stocks on the ASX to be viewed as a good target for shorting.
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NEU
neuren pharmaceuticals limited
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$12.95

Agree. If your shorts were at $15 then if reaching $9 wasn't...
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Last
$12.95 |
Change
-0.010(0.08%) |
Mkt cap ! $1.602B |
Open | High | Low | Value | Volume |
$12.82 | $13.02 | $12.70 | $1.379M | 107.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 458 | $12.93 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$12.95 | 212 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 254 | 12.930 |
5 | 653 | 12.920 |
11 | 905 | 12.910 |
9 | 1407 | 12.900 |
10 | 1466 | 12.890 |
Price($) | Vol. | No. |
---|---|---|
12.950 | 286 | 7 |
12.960 | 570 | 4 |
12.970 | 1277 | 6 |
12.980 | 1347 | 9 |
12.990 | 1329 | 5 |
Last trade - 11.45am 17/06/2025 (20 minute delay) ? |
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NEU (ASX) Chart |
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Ronald Miller, Non-Executive Director
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