Yes Hottod :
I have previously posted the maths on my own situation which illustrates the poor investment NEU has become for rank & file shareholders.
In 2005, I bought NEU for just under 34 cent/share : after 20 : 1 consolidation this is $7/ share.
My 10% p.a. lowest target Rate of Return over 16 years gives a required share price now of $14.60
A 15% p.a. target RoR over 16 years requires a share price now of about $30/ share.
These were modest realistic forecasts in my view.
I believe the figures still reflect a value of NEU which institutional (e.g. hedge-fund) investors have also calculated and provide a reason for NEU's SP being low-ball traded in preparation for a low-ball take-over offer.
We'll just have to watch and wait !
Not professional advice : please do your own DD
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Yes Hottod : I have previously posted the maths on my own...
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Last
$13.76 |
Change
0.150(1.10%) |
Mkt cap ! $1.758B |
Open | High | Low | Value | Volume |
$13.60 | $14.00 | $13.51 | $5.043M | 365.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3816 | $13.73 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$13.78 | 2834 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3816 | 13.730 |
3 | 3430 | 13.720 |
1 | 1582 | 13.710 |
1 | 1807 | 13.690 |
1 | 1807 | 13.670 |
Price($) | Vol. | No. |
---|---|---|
13.780 | 2834 | 1 |
13.840 | 1623 | 2 |
13.870 | 1807 | 1 |
13.890 | 1807 | 1 |
13.910 | 1807 | 1 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
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