Forum Topics NEU NEU Pause in Trading

Pinned straw:

Added 2 months ago

$NEU paused, presumably while they prepare their release on the DAYBUE sales number. No biggie.

They will however likely now give very tight guidance on FY24 renveue, which will be uplifted due to proceeds from the PRV sales, which $ACAD expects to close in Q4.

So for those in the market who don't understand the details of what's going on, FY24 is going to look strong. It will be interesting to see what this does!

Still writing up my more detailed notes from $ACAD and doing some analysis on DAYBUE.

mikebrisy
Added 2 months ago

Q3 Update is now out;

ASX Announcement

As expected an FY24 update.

FY24 Net Income to be $216-218m, which compares with the consensus of $145m. But that's because the market wasn't expecting the PRV to come in 2024.

3d2219fa39e1f0f4b4f26f06c613030dfe7b8b.png

19