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$20.10 neuren pharmaceuticals limited

Not convinced SP was down considerably prior to PH3 results....

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howie1300

1,739 Posts.

161

13/12/23

16:15

Post #: 71430367
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Originally posted by dtc02 ↑

Lets be honest - share price reflects people piling in on the hope of positive Ph 2 results giving the share price a blip, following which they will sell out; but because long term holders arent selling (due to their level of confidence) its forcing the price up. its not a leak or takeover, its people buying on the rumour/expectation. It happens every pre clinical trial result for every bio tech

Issues
- when there is positive Ph 2 results, the price already reflects a good proportion of that result so not much further increase (and then perhaps even a decrease as everyone sells out)

- bigger drop if Ph 2 isnt as expected

But if it goes up another 0.82c then that makes it a 10X for me, so not complaining!

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Not convinced SP was down considerably prior to PH3 results.

Howie

NEU Price at posting: $17.14 Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last $20.10		Change -0.150(0.74%)		Mkt cap ! $2.566B

Open	High	Low	Value	Volume
$20.40	$20.50	$19.88	$4.961M	246.2K

Buyers (Bids)

No.	Vol.	Price($)
1	277	$20.09

Sellers (Offers)

Price($)	Vol.	No.
$20.15	2400	1

View Market Depth

No.	Vol.	Price($)
2	1106	20.020
2	3137	20.010
2	1792	19.980
1	847	19.950
1	847	19.920

Price($)	Vol.	No.
20.150	2400	1
20.160	638	1
20.190	847	1
20.220	847	1
20.250	847	1

Last trade - 16.10pm 08/05/2024 (20 minute delay)


Last $20.12			Change -0.150 ( 0.58 %)
Open	High		Low	Volume
$20.45	$20.50		$19.88	139634
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