NEU neuren pharmaceuticals limited

I'm pretty sure that most here realise the benefits of a SBB.To...

  1. 2,991 Posts.
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    I'm pretty sure that most here realise the benefits of a SBB.

    To state that it justified because it represents a better return on Neuren's cash than interest earned in a bank account is a bit simplistic. Why doesn't every company that has money in the bank undertake a SBB instead?

    The Board is best placed to determine if the SBB will be resumed based, as you mentioned, on whether there is a perceived imbalance between price and value.

    While NEU obtained a few shares under the odds it appears, it was a mere drop in the ocean. If the Board intends playing the long game, I'm not sure that having substantial funds at their disposal is not the best option.

    I do, however, favour having the SBB as a tactic to employ if the need arises.

    I'm pretty sure that most of us also believe that the Board and Management hasn't pulled the wrong rein on the journey.
 
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(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
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Last trade - 16.10pm 30/07/2025 (20 minute delay) ?
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