For an ASX 200 stock, NEU has a remarkably low number of shares on issue.
I was around many years ago when they previously consolidated but maybe now circumstances have changed enough that more liquidity would be advantageous. Are there any other comparable ASX 200 companies?I quite like having a lot of what there is not very much of to go around and I am sure many of you would feel the same. However, I do wonder if a share split of 3 or 4 for 1 would create greater liquidity and aid proper price discovery.
Or would it just enable more games to be played? Thoughts?
Should NEU split?
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Last
$21.80 |
Change
0.460(2.16%) |
Mkt cap ! $2.783B | |||
| Open | High | Low | Value | Volume |
| $21.50 | $22.27 | $21.49 | $17.34M | 792.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 3550 | $21.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.81 | 567 | 1 |
View Market Depth
| Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
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Last
$21.85 |
Change
0.460 ( 2.27 %) |
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| Open | High | Low | Volume | ||
| $21.56 | $22.26 | $21.50 | 182893 | ||
| Last updated 15.59pm 16/05/2024 ? | |||||
| NEU (ASX) Chart |