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15.5¢ arovella therapeutics limited

Ann: Notice of Extraordinary General Meeting/Proxy Form, page-9

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borisboy

6,973 Posts.

379

10/02/22

08:42

Post #: 59473370
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Originally posted by jamestown1 ↑

Hey Boris, its unfortunate that you didnt manage your risk and you got caught holding the baby. In spec investing / trading you wouldhave noticed that timing as in when you enter and exit is crucial in specs.

may buy into a absolute dog with no actual chance of ever coming an earnings company but it still rallies 10x becausethe demand and supply fundamentals at the time are favourable.

vice versa for solid earnings companies and supply outweighs demand.

in terms of demand supply of stock ( what actually moves markets) you would have noticed that whenever the stock was smacked down in the low 3's it was absorbed and failed to go low er. This was during the recent sell off when ASX plunged with DOW.

also from what i gather this recent placement has gone into very tight hands Merchant with $3m. Spp of $1.5m ( merchant and BY 50/50 underwriting the $750k ) and rest gping to existing and new 708's

the fact that Merchant are willing and want potentially another 750k worth is a huge plus.

Boris.. you may be feeling the pain but if i had spare funds this is the time id be averaging down. Approx $10m cash with $25m mkt cap.

have some balls and average down or neck up!

i own a fare few. And recently picked up more in SPP + placement

Expand

fair few - not fare few

I was a shareholder for over 10 years and they did nothing

I do not care if they can now make petrol out of seawater

I lost my money in the biggest bull market in world history because of bull crap

ALA Price at posting: 4.3¢ Sentiment: Sell Disclosure: Not Held
1 Upvote

0 Great analysis

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Last 15.5¢		Change 0.000(0.00%)		Mkt cap ! $163.0M

Open	High	Low	Value	Volume
15.5¢	15.8¢	15.0¢	$198.5K	1.280M

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No.	Vol.	Price($)
15	438029	15.0¢

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Price($)	Vol.	No.
15.5¢	283200	1

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No.	Vol.	Price($)
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4	111077	0.130

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0.155	283200	1
0.160	222494	4
0.165	546319	9
0.170	930681	12
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Ann: Notice of Extraordinary General Meeting/Proxy Form, page-9

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

BCI reaches close of funding facility for salt-first part of Mardie project

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Ann: Notice of Extraordinary General Meeting/Proxy Form, page-9

Top Stories

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BCI reaches close of funding facility for salt-first part of Mardie project

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

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Buxton projects new graphite province discovery at WA Narryer play

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News