Yes thats a distinct possibility. I'm assuming the market will respond favourably to a ROW announcement but it will be brief and the interest will dissipate.
The market will definitely take notice of positive NNZ-2591 results and re-rate the company accordingly imho. A hostile takeover could happen at any time even post-NNZ2591 results, but its going to be more expensive to do so post-NNZ2591trials I believe. I'm probably shortchanging the company here; if the NNZ-2591 disorders are worth 5 times the trofinetide market which might eventually be valued at $2 billion, then the raider will still make a packet if they bought Neuren for $3-4 billion. So it may well be that the raider waits for positive NNZ-2591 results before committing.
A languishing share price would be attractive to a raider, but I figure a buoyant share price isn't going to stop them either.
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$15.12 |
Change
-0.155(1.02%) |
Mkt cap ! $1.930B |
Open | High | Low | Value | Volume |
$15.38 | $15.47 | $14.93 | $4.149M | 275.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 1155 | $15.11 |
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Price($) | Vol. | No. |
---|---|---|
$15.12 | 1255 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 340 | 15.120 |
8 | 1765 | 15.110 |
7 | 567 | 15.100 |
7 | 486 | 15.090 |
3 | 1262 | 15.080 |
Price($) | Vol. | No. |
---|---|---|
15.130 | 888 | 16 |
15.140 | 1484 | 14 |
15.150 | 865 | 9 |
15.160 | 489 | 4 |
15.170 | 221 | 2 |
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