NEU 2.88% $16.54 neuren pharmaceuticals limited

Share Price, page-9193

  1. 3,517 Posts.
    lightbulb Created with Sketch. 837
    Thanks to all contributors, and especially the last few reasoned posts from @TonyWAIW

    Jon Pilcher and team have a statutory requirement to maximise shareholder value. IMO however, this does not necessarily mean waiting for all 4 trials to read out.

    With regards to mergers, acquisitions and takeover offers, he must consider risk/reward scenarios with regards to the potential for a trial or multiple trial failures in the next 3 readouts.

    It would be a dereliction of duties for him to blindingly assume that the next 3 readouts will all be stunning successes. History is littered with unexpected results from human clinical trials.

    My point is, would shareholders prefer to accept a $50 -$60 takeover offer after the next (hopefully) positive readout, or see the stock pull back to $30 - $35 later this year if last 2 trials are unexpected failures.

    It’s all about balance and risk/reward for Jon and team, and not trying to eek out every cent of blue sky before selling. I trust JP to make the right call.

    GLTAH
    Last edited by sarge17: 30/01/24
 
watchlist Created with Sketch. Add NEU (ASX) to my watchlist
(20min delay)
Last
$16.54
Change
-0.490(2.88%)
Mkt cap ! $2.114B
Open High Low Value Volume
$16.94 $17.02 $16.38 $10.33M 620.5K

Buyers (Bids)

No. Vol. Price($)
1 5061 $16.52
 

Sellers (Offers)

Price($) Vol. No.
$16.62 1284 1
View Market Depth
Last trade - 16.10pm 13/11/2024 (20 minute delay) ?
NEU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.