NEU 2.60% $15.34 neuren pharmaceuticals limited

Share Price, page-3198

  1. 189 Posts.
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    Appreciate the sentiments and you clearly have an understanding of the background and work it has taken to get NEU to this point but without meaning any disrespect I completely disagree that “FDA approval is hardly an issue here” or for that matter that significant patience is required with respect to share price.

    FDA approval is a massive issue here - the most important event this company has faced to date IMO. As has been discussed here recently highly likely but by no means a certainty. With FDA approval NEU is an income generating cash cow with 4 phase 2 trials cooking away and becomes a massive takeover target before or after those phase 2 results are known. Share price given FDA approval has to be north of $12 I believe and will likely rise through 2023. Without FDA approval NEU has significant funding issues again, 4 phase 2 trials that wouldn’t look anywhere near as promising with an unproven drug 5+ years from commercialisation and a share price of (I’m guessing) approximately $1.

    All of which is going to unfold in the next 40 trading days if not before. Any chance you could explain how you could possibly think otherwise??
 
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Last
$15.34
Change
-0.410(2.60%)
Mkt cap ! $1.960B
Open High Low Value Volume
$15.88 $15.93 $15.34 $6.463M 415.6K

Buyers (Bids)

No. Vol. Price($)
3 6044 $15.32
 

Sellers (Offers)

Price($) Vol. No.
$15.57 1411 2
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Last trade - 16.10pm 28/08/2024 (20 minute delay) ?
NEU (ASX) Chart
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