NEU 0.74% $20.10 neuren pharmaceuticals limited

'It’s timeto get serious about getting full value out of our...

  1. 265 Posts.
    lightbulb Created with Sketch. 91

    '
    It’s timeto get serious about getting full value out of our assets as opposed to havinga song-and-dance auction which values lots of blue sky (we hope) and leaves outsolid value already staring us in our faces.
    .

    We splitthe company…. “Old “ Neuren is split in two… I suggested this in November 2022 but little enthusiasm at that time
    .

    “New” Neurenhas the same number of shares as at present for each of us with its asset beingthe Deal with Arcadia …. Over time this is an easily valued company withperhaps a “special dividend” and “regular payments” dividend stream … good forthose who are retired and want the ongoing dividends without a hefty tax bill... don't forget the milestone payments due to us this year ... there will be hundreds of millions of cash in our company ... our money don't forget.
    .

    “Son-of-Neuren”has the asset which is 2591 (except for the bit already hived off to Arcadia.

    That wayour hundreds of millions of cash don’t get sucked out for free as part of some “bluesky” auction for 2591.

    After allthese years as a loyal investor I am now liable to be hit with a humungous taxbill …. Bugger that!
    '
    This way we seem to be able to legally reduce the future/upcoming/posttakeover tax bill significantly by spreading the cash flow into our accounts over many years

    Anycomments?

    .

 
watchlist Created with Sketch. Add NEU (ASX) to my watchlist
(20min delay)
Last
$20.10
Change
-0.150(0.74%)
Mkt cap ! $2.566B
Open High Low Value Volume
$20.40 $20.50 $19.88 $4.961M 246.2K

Buyers (Bids)

No. Vol. Price($)
1 277 $20.09
 

Sellers (Offers)

Price($) Vol. No.
$20.15 2400 1
View Market Depth
Last trade - 16.10pm 08/05/2024 (20 minute delay) ?
Last
$20.12
  Change
-0.150 ( 0.58 %)
Open High Low Volume
$20.45 $20.50 $19.88 139634
Last updated 15.59pm 08/05/2024 ?
NEU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.