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!
- Forums
- ASX - By Stock
- NEU
- Share Price
Share Price, page-11798
-
- There are more pages in this discussion • 584 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NEU (ASX) to my watchlist
(20min delay)
|
|||||
Last
$12.94 |
Change
-0.200(1.52%) |
Mkt cap ! $1.653B |
Open | High | Low | Value | Volume |
$13.03 | $13.06 | $12.75 | $7.500M | 581.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2300 | $12.93 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$12.96 | 2086 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2300 | 12.930 |
1 | 775 | 12.900 |
1 | 192 | 12.890 |
2 | 1877 | 12.800 |
2 | 578 | 12.780 |
Price($) | Vol. | No. |
---|---|---|
13.000 | 119 | 1 |
13.050 | 1150 | 1 |
13.180 | 1000 | 1 |
13.200 | 50 | 1 |
13.260 | 1000 | 1 |
Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
Featured News
NEU (ASX) Chart |