Great thread heading to start LittleT and very opportune, as I have just spoken with one of the 2 brokers who recommended NEU to me earlier in the year.
So in a nutshell, the majority of retrace selling from 9.4c high is attributed to the ASX Index rebalancing which finishes tomorrow and started on the 20th March (thought that was the case and good to have it verified). Plus the company is in close and advanced discussions with various commercial parties/partners re funding.
Finally, all this talk about a pending CR is just rumour and nothing else and may not be required after all, which is obviously holding the sp back here. But even if the CR for example does go ahead with LW, it will be at a premium to current prices re the 10 day vwap.
Anyway, I ask anyone on here to ring the company directly and ask your own questions and see what I have been told by my broker is FOS - I doubt very much, but put her to the test on the above.
Great thread heading to start LittleT and very opportune, as I...
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Last
$13.61 |
Change
0.280(2.10%) |
Mkt cap ! $1.739B | |||
| Open | High | Low | Value | Volume |
| $13.49 | $13.64 | $13.30 | $4.821M | 356.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3602 | $13.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.66 | 1655 | 2 |
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| Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
| NEU (ASX) Chart |