NEU 1.55% $19.61 neuren pharmaceuticals limited

Cannot understand $4 a share.....

  1. 202 Posts.
    lightbulb Created with Sketch. 1183
    Please forgive my ignorance but I am a bit baffled regarding the $4 a share business. Is this to simply provide first right of refusal to said partnering company? Shimmer eluded that it is for some sore of exclusivity but would appreciate anyone helping me to understand exactly why things are structured in this fashion. Many thanks
 
watchlist Created with Sketch. Add NEU (ASX) to my watchlist
(20min delay)
Last
$19.61
Change
0.300(1.55%)
Mkt cap ! $2.509B
Open High Low Value Volume
$19.39 $19.98 $19.38 $5.825M 295.8K

Buyers (Bids)

No. Vol. Price($)
2 57 $19.61
 

Sellers (Offers)

Price($) Vol. No.
$19.62 438 16
View Market Depth
Last trade - 15.35pm 14/06/2024 (20 minute delay) ?
Last
$19.63
  Change
0.300 ( 1.24 %)
Open High Low Volume
$19.41 $19.97 $19.39 79059
Last updated 15.54pm 14/06/2024 ?
NEU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.