NEU 3.50% $14.05 neuren pharmaceuticals limited

The consolidation may have been done to facilitate a licensing...

  1. 18 Posts.
    lightbulb Created with Sketch. 3
    The consolidation may have been done to facilitate a licensing deal, part of which could involve pharma purchasing an equity stake in Neuren (on top of an upfront payment and royalties). The consolidated registry would be more attractive to pharma, as opposed to having billions of shares on issue and greater share price fluctuations.
 
watchlist Created with Sketch. Add NEU (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.