Neurizon Therapeutics Limited

ASX:NUZ

Neurizon Therapeutics Limited

ASX:NUZ
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$0.110 (+4.8%)
Last close price
#142
Rank
8
Held by
11
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Reports (1) My Report Forum Investors
Forum Topics NUZ NUZ Trading Halt

Pinned straw:
conrad
Added 10 months ago

Some interesting stuff happening in the HC thread ‘Corporate Action’ for PAA.

A bunch of the top shareholders have come out of the woodwork and are coordinating to push for a board restructure, and the reinstatement of Dr Michael Thurn as CEO. Guessing that’s what’s behind the trading halt.

I’m down on my holding, but it is a very small part of my portfolio so just grabbing the popcorn and enjoying the show on this one!
Nnyck777
Added 10 months ago

Certainly intriguing. Lots of grumbling about old entrenched stale Board. Be interesting whether they can get Michael to stay.

I am impressed that share holders can make a difference in these companies.

Looking forward to getting the answer Thursday.


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conrad
Added 10 months ago

Release to the ASX stating that Michael Thurn is back as MD and CEO

Share price up 8-13% on the news.

I’ve got to say, this situation has had more twist and turns than a a Mexican telenovela!

At a high level MT resigned a few months back for “personal reasons”. It seems now that it might’ve been due a a disagreement with the old BOD. A whole bunch of the top shareholders got together, and installed a new BOD which has now reinstated MT

I did triple my (small) position with the view that the SP drop was a bit overdone IF it was due to some politics playing out…we’ll see

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