NEU 3.41% $16.71 neuren pharmaceuticals limited

Share Price, page-11797

  1. 2,169 Posts.
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    HI all, have been browsing some of the comments here thanks for sharing, this may have been posted already.

    In my opinion, I think the recent sell down is a result of overall market sentiment however directly to Neu I feel like its becoming increasingly evident that Neu is looking to go alone in phase 3's despite as some have suggested being trigger happy to do a TO for any number, management team see the opportunity with this pipeline/platform drug. I think the market has taken a bit of a view that there is no defined timeline and expected a TO or partner deal by now with all 3 phase 2 results in and is factoring in some more risk factor for phase 3 trails and results. Similar in ways to when we got the partner ship with Acadia, market was expecting a whopping deal with big upfront $$ that never eventuated, neu got sold down on what was good news and years later an excellent deal, like then there would have been a portion of investors purely invested here recently for what seems a inevitable TO of such good assets based on phase 2 results.

    Reality is our position has got stronger, those looking for TO easy exit may still get it, but I feel they are going all the way in full control of their assets, low cost Jon as been mentioning for phase 3's is well with in their reach for a drug that only has to repeat phase 2's trials which has overwhelming success. The best team in the world to develop these drugs Neu, I am more than happy to wait regardless of what the share price is today.

    I did have to sell a few through out late last year and early this year from my personal portfolio, looking forward to buying more now, the gift that keeps on giving!
 
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Last
$16.71
Change
-0.590(3.41%)
Mkt cap ! $2.135B
Open High Low Value Volume
$17.50 $17.55 $16.57 $10.01M 594.0K

Buyers (Bids)

No. Vol. Price($)
1 598 $16.70
 

Sellers (Offers)

Price($) Vol. No.
$16.87 1676 1
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Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
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