NEU 0.00% $13.65 neuren pharmaceuticals limited

wasnt expecting this but I dont think anyone was, goes to show...

  1. 305 Posts.
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    wasnt expecting this but I dont think anyone was, goes to show you never know what the market is going to do. I think someone large wanted to sell out on the news, they did, and given it doesnt take much to push the stock around with all the algo bots operating, a nasty loop has formed causing a bit of panic, etc and the massive over reaction in my view.

    Given the update was overwhelmingly positive, all the broking houses have updated their price targets by circa 10+% and the results validate the platform strategy, neu has never looked a better bet. I took the punt for another parcel at avg 20.61, buy when others are fearful and this massive selloff smells of fear to me. time will tell.

    good luck


 
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