Call me crazy but having read the article, I think there could be a turning of the tide for Neuren, not necessarily off the back of this article but coinciding with it.
I have beaten the 'public awareness' drumb for some time about Neuren and felt like it explained the lack of SP appreciation. Seeing it referred to in The Australian as a "Market Darling" signifies, at least to me, a significant shift in sentiment. I have seen it referred to positively following the FDA approval and its SP appreciation has been positively referenced but I think calling it a "Market Darling" is different.
To me, it suggests that it is not just a share that is retrospectively acknowledged in a positive light, it is something discussed in market circles and recognised as a share that people should know about, which in itself creates interest. To me, "Market Darlings" are like Afterpay and they often trade at a level above where the intrinsic value is and there is a sentiment that attaches to them and propels the SP appreciably.
I know the above seems obvious but its a real positive in my mind and a real change from previous descriptions of the company.
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