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.
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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. |
---|---|---|
$14.05 | 7251 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 9814 | 17.290 |
1 | 188 | 17.280 |
3 | 1537 | 16.780 |
3 | 771 | 16.730 |
1 | 328 | 16.590 |
Price($) | Vol. | No. |
---|---|---|
14.050 | 7251 | 1 |
14.820 | 774 | 1 |
14.900 | 985 | 2 |
15.010 | 1541 | 1 |
15.060 | 875 | 1 |
Last trade - 10.06am 15/08/2024 (20 minute delay) ? |
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