NEU 2.17% $21.22 neuren pharmaceuticals limited

What about:NEU releases a statement this week that the Board has...

  1. 1,935 Posts.
    lightbulb Created with Sketch. 427
    What about:

    NEU releases a statement this week that the Board has rejected the Acadia ROW bid (it was a low-ball anyway but no published details, just that it was deemed inadequate, intentionally so on ACAD's part....) Australian investors panic, crashing the price yet again.  A week later Acadia place a TO offer midst all the doom and gloom (still woefully low-ball, say $2.50-3.00 AUD appearing as saviours), softening up said investors nicely.

    Unlikely?

    The only question is: What would LW do?
 
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