NEU 0.74% $20.10 neuren pharmaceuticals limited

I honestly have no idea who or why this is happening, but i have...

  1. 54 Posts.
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    I honestly have no idea who or why this is happening, but i have watched the transactions regularly over the last couple of weeks, under the assumption there would be a significant change in transaction trends as Lanstead completed their selling.

    From my uneducated eye, i've noticed mulitple daily low value (less than $100) / low volume (less than 100shares) transactions occur, often in regular time intervals. Each time the transactions have held the SP down after a small bump in price.

    Since Lansteads selling has supposedly stopped, this trend has continued, albeit on an smaller scale, and has been less aggressive than previously noted.

    Granted i am a small time investor and these are my observations only, i don't profess to be educated in the nuances of the sharemarket nor an expert, and am as curious as others as to what is occurring here.

    I will note, that as a long term holder this phenomenon doesn't concern me overly much, I see the value in the product being developed and continue to have faith in the management team to see this through and deliver the promised value.


 
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