ALA 1.79% 14.3¢ arovella therapeutics limited

july the month of sud, page-10

  1. 5,758 Posts.
    lightbulb Created with Sketch. 809
    Yes parcel- still holding all of last months 300k tranche- and looking forward to selling it off.

    Here's a simple map for you.

    100k at .022 issued. 4.5m new shares on offer

    Selling begins- price drops to .023

    Final report issued

    Price has three day burst to .03

    Selling begins- .025 is at a 15% discount

    Price quickly drops again

    Selling begins to get next tranche at .022 by EOM

    Cycle continues.

    6 months later trade sale comes in to play- by this time 30m more shares are on offer- and price is hovering around 2 cents.

    NOW it is time to buy.

    Price jumps to 5 cents on the promise of a sale.

    Conditions are placed on sale - money comes in stages, other money to Novadel expansion, have to end Bergen deal, etc etc.

    Shareholder return is minimized.

    Long term holders get out as sick of this company.

    Selling begins- and hard.

    Back to 3 cents.

    Another year passes- Novadel products come to market.

    SUDA hopefully has survived and can become a real company.
 
watchlist Created with Sketch. Add ALA (ASX) to my watchlist
(20min delay)
Last
14.3¢
Change
0.003(1.79%)
Mkt cap ! $152.4M
Open High Low Value Volume
14.5¢ 14.5¢ 14.0¢ $39.01K 271.6K

Buyers (Bids)

No. Vol. Price($)
12 554409 14.0¢
 

Sellers (Offers)

Price($) Vol. No.
14.5¢ 392875 10
View Market Depth
Last trade - 11.22am 10/07/2024 (20 minute delay) ?
ALA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.