we would never know whats happening in the background. 2H last year despite multiple rounds of good news the share price was trashed to $10. Then you got the “leak” to the Australian that US big pharmaceutical companies were approaching the company and Jefferies were hired as defence advisor. It’s entirely possible that they were behind the constant heavy selling to push it down to $10 hoping to get Neuren at ~$20. The management may have deemed the valuation too low knowing the PMS result was good and leaked it to the Australian as a way of defence strategy
Share Price, page-10427
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Last
$20.68 |
Change
-0.100(0.48%) |
Mkt cap ! $2.643B | |||
| Open | High | Low | Value | Volume |
| $20.50 | $20.74 | $20.01 | $5.091M | 247.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 156 | $20.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.68 | 256 | 1 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| NEU (ASX) Chart |