NEU 0.35% $20.17 neuren pharmaceuticals limited

Looks like $3 is the new $3, page-2

  1. 2,831 Posts.
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    I've been fascinated with how NEU has traded for a long time now (waste of time I know - but I can't help it).

    Of particular interest is what has happened since the exclusivity announcement.

    My read is that there are two different "companies" controlling the action:

    - one (possibly Lanstead) intent on capping the price around current levels
    - the second, knowing the above, also keen to cap the price, but accumulating whenever possible

    The giveaway, for me, is what happens when a reasonable sale is made at the higher end of the days spread - within seconds there are two "separate" (although possibly connected) small BOT offers at 1/2c lower. That suggests two players, but I'd agree it could easily be the same one.

    If that's somewhere around the mark, its good news, especially for those who are keen to add to their holding.

    I'm not usually an AGM attendee, but I've bought my ticket for this years event.

    Sentiment back to buy.
 
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Last
$20.17
Change
0.070(0.35%)
Mkt cap ! $2.578B
Open High Low Value Volume
$20.39 $20.53 $20.14 $4.102M 202.5K

Buyers (Bids)

No. Vol. Price($)
2 249 $20.15
 

Sellers (Offers)

Price($) Vol. No.
$20.31 790 1
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Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
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