ALA 11.1% 15.0¢ arovella therapeutics limited

Ann: ALA-101 and onCARlytics collaboration update, page-54

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    Oh lovely, it’s like you’re finally understanding it!
    Yes, very much so, if retail were involved, we’d actually still be waiting for it to be finalised, but also more than likely would’ve seen sub 10c. It’s pretty simple to understand that any weakness is exacerbated when there are more holders involved.
    But yes yes, you own shares in another company which has held up well even though retail were involved in the CR, so therefore the same set of circumstances would’ve occurred here. PYC does seem an anomaly though, back of the paper calcs has x 4 the SOI and trades possibly half as many shares as ALA last 6 months?
 
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