I am watching the short data to see what is going on.
I think the shorts fell to below 0.30% before the PMS results last year but have risen during this year and then went up before the PH results which surprised me, I thought betting against the PH results was very brave but these market forces know more than me. I see the shorts dropped a little recently but have now gone back up to nearly 2%. Why would that be?
If the Angelman results are positive and the share price stays stagnant or rises and falls like PH, I will buy more as something is afoot.
I am on the conservative side of conservative. Still, I believe Jon's Reata reference is key, I think the takeover would be between 5 Billion ($38) and $8 Billion ($58) because 2591 has too much to offer with its pipeline despite any issues with the contract with Acadia. Anything less and it is being given away.
I also think the depressed share price is helping to take off the table the huge figures put forward as a takeover figure.
Just my musings, call me overconfident but I remain confident in Jon and the team to do the best for all.
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Last
$15.27 |
Change
0.920(6.41%) |
Mkt cap ! $1.951B |
Open | High | Low | Value | Volume |
$14.35 | $15.27 | $14.35 | $8.720M | 579.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | $15.25 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$15.27 | 3638 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 650 | 15.200 |
2 | 1100 | 15.000 |
1 | 36 | 14.860 |
1 | 100 | 14.850 |
1 | 500 | 14.830 |
Price($) | Vol. | No. |
---|---|---|
15.300 | 1425 | 1 |
15.500 | 2020 | 2 |
15.700 | 100 | 1 |
15.800 | 50 | 1 |
15.900 | 1334 | 2 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
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