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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$21.27 |
Change
0.650(3.15%) |
Mkt cap ! $2.718B |
Open | High | Low | Value | Volume |
$20.84 | $21.56 | $20.76 | $7.760M | 364.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1378 | $21.24 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$21.29 | 218 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 200 | 21.240 |
1 | 47 | 21.150 |
1 | 500 | 20.860 |
1 | 240 | 20.800 |
1 | 50 | 20.630 |
Price($) | Vol. | No. |
---|---|---|
21.300 | 12763 | 1 |
21.350 | 30 | 1 |
21.380 | 471 | 1 |
21.410 | 25 | 1 |
21.500 | 60 | 1 |
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