I having been thinking about who could be possibly be keeping the price down consistently and for so long and now have come out with the following theory .
1. Acadia has spent about $170 mill on trofinetide and have said they will be spending more short term .
2.Results are probably less than 6 months away.
3.Who is most likely to want to take over Neuren if the results are positive as the milestones and royalties could be well over $1 bill .Neuren currently capitalised at about $135 mill.
4.Who owns 26% of Acadia /Baker Bros .
5.Who has 2 directors on the Board at Acadia /Baker Bros .
6.Shares sold /bought are coming out of nominee company which is very hard to trace as overseas nominee companies normally ignore when asked who the shares are being bought or sold for .
7.Based on what Neuren has at present the stock would be at least $4 on the Nasdaq yet we are languishing at $1.21.
6.Based on the above my educated guess is that Baker Bros might well be very interested in keeping the price as low as possible before Acadia makes a takeover offer for Neuren .The lower the price of Neuren shares the lower the offer !!!!
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Mkt cap ! $2.552B |
Open | High | Low | Value | Volume |
$19.96 | $19.97 | $19.69 | $4.156M | 209.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 246 | $19.88 |
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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1 | 246 | 19.880 |
2 | 741 | 19.810 |
1 | 3227 | 19.800 |
3 | 3155 | 19.770 |
2 | 917 | 19.760 |
Price($) | Vol. | No. |
---|---|---|
20.000 | 741 | 2 |
20.040 | 907 | 1 |
20.070 | 907 | 1 |
20.100 | 2100 | 2 |
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