I think everyone needs to calm down a little bit.
We are currently trading at ~$1.40 for a reason, demanding a $5-6 share price at this stage is absurd.
I agree that NEU is potentially undervalued at the moment however I would not personally value it at over $2.50-3.00 given the current risks involved with the upcoming trial (there is still a large chance this does not pass phase 3).
Even though a large part of me loves selling the sizzle, we must ensure that we do not get carried away with our expectations as the majority of us did prior to August last year.
That being said if this passes phase 3 we've got a huge multi-bagger on our hands, good luck to all.
I think everyone needs to calm down a little bit. We are...
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Last
$19.70 |
Change
0.520(2.71%) |
Mkt cap ! $2.515B | |||
| Open | High | Low | Value | Volume |
| $19.39 | $19.84 | $19.28 | $5.675M | 288.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1531 | $19.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.81 | 557 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$19.70 |
Change
0.520 ( 2.59 %) |
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| Open | High | Low | Volume | ||
| $19.50 | $19.84 | $19.28 | 87628 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| NEU (ASX) Chart |