The only reason the SP is dropping is because no one is interested in buying right now. There is no big sell off going on.
I don't think NEU have any ammo to pump the price. The only thing they could do is get a big upfront on the ROW deal and pay a special dividend. A $50m payout on a $130m Cap would kick start things - but if the big upfront came at the expense of the total deal value and royalties etc I am not sure it is in the best interests of the business.
If they can do a deal like Acadia for ROW, then we have a $130m cap stock sitting on maybe $1b of a deal if they can get it to market - so the market currently rates this as a 13% chance. Crazy when you think Acadia will invest half the market cap value in P3 and manufacturing - so they obviously think the chance of success is far higher.
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Last
$19.10 |
Change
-0.290(1.50%) |
Mkt cap ! $2.440B |
Open | High | Low | Value | Volume |
$19.55 | $19.65 | $18.88 | $1.918M | 100.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 260 | $19.08 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$19.10 | 271 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 161 | 19.060 |
8 | 374 | 19.050 |
5 | 484 | 19.040 |
7 | 422 | 19.030 |
5 | 1353 | 19.020 |
Price($) | Vol. | No. |
---|---|---|
19.090 | 222 | 7 |
19.100 | 629 | 13 |
19.110 | 334 | 4 |
19.120 | 756 | 4 |
19.130 | 364 | 4 |
Last trade - 10.53am 31/07/2024 (20 minute delay) ? |
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