Pretty much along my thoughts as well TripAces.
The reason I am keen on dividends is that it demonstrates that NEU is a profit making business, not just a biotech with the usual constant cash raise demands and risk.
Divi’s will attract wider buying and broad based involvement by the market.
And NEU can keep developing growth with Phase 2’s with their tech and various indications, to licence .
.
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Last
$15.48 |
Change
0.160(1.04%) |
Mkt cap ! $1.978B | |||
| Open | High | Low | Value | Volume |
| $15.10 | $15.48 | $15.04 | $6.154M | 402.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1498 | $15.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.50 | 8296 | 2 |
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| Last trade - 16.10pm 21/08/2024 (20 minute delay) ? |
| NEU (ASX) Chart |