Seems that there are Billions of dollars at play in our industry at the moment. A company which is a mirror image of NEU in the US just sold for us$7B.
I believe our SP is being suppressed by those big enough and able enough to do it and hopefully for them to save a billion or two when they launch a takeover of NEU friendly or not.
Most holders here are sitting on good profits and despite the ever increasing and potentially wonderful fundamentals at our feet would be tempted to protect that profit by selling a percentage of their holdings. That is what these bullies are attempting to achieve.
Seems that there are Billions of dollars at play in our industry...
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Last
$20.21 |
Change
0.230(1.15%) |
Mkt cap ! $2.570B | |||
| Open | High | Low | Value | Volume |
| $20.11 | $20.34 | $19.63 | $6.517M | 324.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 357 | $20.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.21 | 285 | 5 |
View Market Depth
| Last trade - 15.29pm 25/06/2024 (20 minute delay) ? |
| NEU (ASX) Chart |