AGH 0.00% 3.7¢ althea group holdings limited

Ann: Becoming a substantial holder, page-6

  1. 124 Posts.
    lightbulb Created with Sketch. 20
    Pure speculation, but it would make sense for a competitor like (LGP/Ghina Rhinehart) to use their contacts to drive the AGH SP down. Most of the Credit Suisse data I've seen with other tickers is both highly liquid on the buy and sell side during a down trend suggesting that they are there to continue to drive the price down even with good ann's whilst accumulating at a lower price at the same time. This makes raising capital more difficult and expensive when needed and also hurts investor sentiment. The SP will probably go lower due to the CS holding in the near future but the fundamentals havnt changed, Peak is killing it and our main competitor on the ASX is jealous, IMHO. The mega rich dont get that rich by playing fair.
 
watchlist Created with Sketch. Add AGH (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.