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$19.97 neuren pharmaceuticals limited

Who is keeping the price down ., page-2

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Little T

2,315 Posts.

1941

22/05/21

15:20

Post #: 53350167
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Originally posted by Little T: ↑

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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Acadia also gets in a takeover ROW for trofinetide and all of NNZ2591.

NEU Price at posting: $1.21 Sentiment: Buy Disclosure: Held
8 Upvote

2 Great analysis

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(20min delay)
Last $19.97		Change 0.070(0.35%)		Mkt cap ! $2.552B

Open	High	Low	Value	Volume
$20.22	$20.44	$19.85	$4.194M	209.5K

Buyers (Bids)

No.	Vol.	Price($)
1	2772	$19.93

Sellers (Offers)

Price($)	Vol.	No.
$19.99	3310	1

View Market Depth

No.	Vol.	Price($)
2	441	19.840
1	979	19.830
1	26	19.810
3	1278	19.800
2	4391	19.790

Price($)	Vol.	No.
20.000	150	1
20.030	441	2
20.050	1010	2
20.090	979	1
20.100	157	2

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NEU (ASX) Chart