ALA 3.45% 15.0¢ arovella therapeutics limited

Seriously guys, why on earth would they have given away 20% of...

  1. 7,158 Posts.
    lightbulb Created with Sketch. 276
    Seriously guys, why on earth would they have given away 20% of the company's cash if they weren't very confident of getting a real good return. And it's not as if they've invested on a hunch, or a taxi drivers tip, they're bloody well running the show. One may even argue that it's insider trading.

    These guys have a fair few incentives and options that are nowhere near in the money, which they want to trigger asap. Hence the investor road show to ensure as many people as possible are aware of the company, so when THE news comes out there will be a swag of buyers all over it.
 
watchlist Created with Sketch. Add ALA (ASX) to my watchlist
(20min delay)
Last
15.0¢
Change
0.005(3.45%)
Mkt cap ! $138.7M
Open High Low Value Volume
14.5¢ 15.0¢ 14.0¢ $301.1K 2.087M

Buyers (Bids)

No. Vol. Price($)
3 79105 14.0¢
 

Sellers (Offers)

Price($) Vol. No.
15.0¢ 513084 12
View Market Depth
Last trade - 16.10pm 28/03/2024 (20 minute delay) ?
Last
14.5¢
  Change
0.005 ( 2.84 %)
Open High Low Volume
14.5¢ 15.0¢ 14.0¢ 441083
Last updated 15.34pm 28/03/2024 ?
ALA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.