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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Last
$18.98 |
Change
-0.040(0.21%) |
Mkt cap ! $2.427B |
Open | High | Low | Value | Volume |
$19.20 | $19.28 | $18.55 | $5.077M | 269.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 22 | $18.97 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$18.99 | 353 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 644 | 18.970 |
6 | 180 | 18.960 |
8 | 503 | 18.950 |
5 | 267 | 18.940 |
6 | 444 | 18.930 |
Price($) | Vol. | No. |
---|---|---|
18.990 | 504 | 15 |
19.000 | 416 | 8 |
19.010 | 386 | 7 |
19.020 | 585 | 8 |
19.030 | 332 | 5 |
Last trade - 12.24pm 05/06/2024 (20 minute delay) ? |
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Last
$18.98 |
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Change
-0.040 ( 0.50 %) |
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Open | High | Low | Volume | ||
$19.12 | $19.26 | $18.55 | 72412 | ||
Last updated 12.43pm 05/06/2024 ? |
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