This is the reason here, as per the 16/11 Notification (my emphasis):
'.......we intended to consolidate Neuren’s shares into a smaller number in order to remove an impediment to investment for some international institutions...'
It's pretty simple, eh!
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NEU
neuren pharmaceuticals limited
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3.10%
!
$14.62

Reasons for consideration, page-2
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Last
$14.62 |
Change
0.440(3.10%) |
Mkt cap ! $1.823B |
Open | High | Low | Value | Volume |
$14.36 | $14.75 | $14.36 | $8.241M | 564.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
19 | 597 | $14.61 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$14.62 | 1005 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 421 | 14.610 |
9 | 337 | 14.600 |
12 | 3069 | 14.590 |
7 | 1352 | 14.580 |
5 | 1321 | 14.570 |
Price($) | Vol. | No. |
---|---|---|
14.620 | 1361 | 10 |
14.630 | 1987 | 7 |
14.640 | 2894 | 9 |
14.650 | 6550 | 7 |
14.660 | 1322 | 5 |
Last trade - 15.20pm 10/07/2025 (20 minute delay) ? |
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NEU (ASX) Chart |