NEU 1.15% $20.72 neuren pharmaceuticals limited

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  1. 408 Posts.
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    So to me it sounds like the Bakers aren't impressed enough with anything Acadia is doing right now to put up billions of dollars. Whilst that sounds negative the Bakers have to be looking at it with all the risks involved so what that says about Neuren is likely pretty minimal. As an Neu holder the main thing I want to see from Acadia short term is hitting their Q1 guidance and everything looking good for meeting their annual numbers because of a decent bounce back expected in Q2. So far Steve Davis has only talked about a solid rebound in February to almost previous growth levels. Encouraging but in no way definitive. If they know things aren't great now then I would have hoped they update quickly so I'm taking no news as good news so far. Anyone who holds Avita like me knows the market doesn't take well to guidance downgrades.
 
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