NEU neuren pharmaceuticals limited

The SBB was criticised early on because some investors thought...

  1. 2,623 Posts.
    lightbulb Created with Sketch. 777
    The SBB was criticised early on because some investors thought that was supposed to 'fix' the share price. Neuren ended up buying approx 10m~ $ worth of shares at a good price and more importantly it led to fewer SOI and fewer shares in free float. In that period (since early December) the short position increased (perhaps as a response to get more capitulation to occur). As a result there were close to another 2m shares net short sold at levels below the current share price meaning that if we have a sustainable grind up there's no choice but to cover. This requires legitimate long term buying interest to counteract any shenagians. That was missing previously IMO . Let's hope the JPM presentations impressed some US investors who are in it for the long haul
    Last edited by htae39: 22/01/25
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$16.63
Change
-0.070(0.42%)
Mkt cap ! $2.095B
Open High Low Value Volume
$16.68 $16.86 $16.51 $4.012M 240.7K

Buyers (Bids)

No. Vol. Price($)
2 982 $16.60
 

Sellers (Offers)

Price($) Vol. No.
$16.66 1000 1
View Market Depth
Last trade - 16.10pm 30/07/2025 (20 minute delay) ?
NEU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.