NEU neuren pharmaceuticals limited

Ann: Update - Notification of buy-back - NEU, page-13

  1. 2,499 Posts.
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    I don't think the company will do that unless a deal or transaction occurs where it makes sense to use the franking credits. Ie we're paid X per share and the balance of the cash is paid as a dividend as a Y per share (franked) payment for a total value of Z. That way the payment attracts a slightly lower tax liability for Australian shareholders.

    The other possibility is 2+ years from now when we have a commercialised NNZ-2591 asset and have the cashflows to support that. I think the SBB has done its job (excess cash buying shares at a discount).
    Last edited by htae39: 03/06/25
 
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(20min delay)
Last
$13.10
Change
-0.800(5.76%)
Mkt cap ! $1.629B
Open High Low Value Volume
$13.95 $13.96 $12.88 $9.534M 725.6K

Buyers (Bids)

No. Vol. Price($)
1 266 $13.10
 

Sellers (Offers)

Price($) Vol. No.
$13.15 1619 2
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Last trade - 16.10pm 13/06/2025 (20 minute delay) ?
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