NEU 0.15% $19.91 neuren pharmaceuticals limited

why the sell off?, page-53

  1. 16,258 Posts.
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    Selling from 13c to 9c since Nov mainly related to option holders who had to reduce their holdings to pay for their options and those who took some profits on the placement above 11.5c

    Some 50m options paid for since Nov plus $21.5m placement at 11.5c in Oct and $2m placement at 11.5c in Nov all have had an affect on the price. Cant see many who will sell below 9c considering how many shares were issued and traded at 11.5c and above. Have orders in between 8 and 9 if anyone is interested in selling.
 
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Buyers (Bids)

No. Vol. Price($)
1 443 $19.87
 

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Price($) Vol. No.
$19.91 917 2
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