NEU 0.00% $15.60 neuren pharmaceuticals limited

Share Price, page-11261

  1. 3,359 Posts.
    lightbulb Created with Sketch. 806
    To suggest that a share buy-back would require a capital raising is ludicrous in my opinion.

    Neuren with its substantial cash reserves and increasing cash-flow are quite capable of walking and chewing gum at the same time. They have the financial means to fund two Phase 3 trials and to conduct a modest share buy-back.

    The way the market is under-appreciating the underlying value of NEU means that I now favour a share buy-back. Even a modest $10m would do the trick and send multiple positive messages to the market and potential partners and acquirers.
 
watchlist Created with Sketch. Add NEU (ASX) to my watchlist
(20min delay)
Last
$15.60
Change
0.000(0.00%)
Mkt cap ! $1.993B
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 9814 $17.29
 

Sellers (Offers)

Price($) Vol. No.
$14.05 7251 1
View Market Depth
Last trade - 10.06am 15/08/2024 (20 minute delay) ?
NEU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.