ALA 3.33% 15.5¢ arovella therapeutics limited

whats this trade sale worth, page-5

  1. 3,958 Posts.
    lightbulb Created with Sketch. 492
    Dont forget the key ingredient in Artimist is already registered by the WHO.
    This should speed things up considerably.

    FWIW I expect the company to complete the technical document required for registration/marketing approval and at the same time be looking to sell the project.

    I dont expect the company will be the one talking extensively with regulators/government agencies about product rgistration. That will be up to our trade sale partner.

    oh, and another thing, given the company has specifically said that they are looking at selling the artimist project, the only thing stopping this at the moment (besides BP clarity) is the actual trial result publication.

    So I believe that when the results come out we will see a meaningful increase in the share price to somewhere between 50-75% of where the market thinks the project will be sold for.
 
watchlist Created with Sketch. Add ALA (ASX) to my watchlist
(20min delay)
Last
15.5¢
Change
0.005(3.33%)
Mkt cap ! $162.9M
Open High Low Value Volume
15.0¢ 15.5¢ 15.0¢ $69.37K 457.6K

Buyers (Bids)

No. Vol. Price($)
5 591582 15.0¢
 

Sellers (Offers)

Price($) Vol. No.
15.5¢ 152161 7
View Market Depth
Last trade - 16.10pm 16/07/2024 (20 minute delay) ?
ALA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.