ALA 8.33% 13.0¢ arovella therapeutics limited

And a Prosperous New Year, page-18

  1. 466 Posts.
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    No way PE bids $0.03 - $0.04 for this with it trading here at $0.006...by their very nature the whole point of PE is to strip and repackage / resell assets in order to generate their desired ROE. PE is not going to pay a 500-600% premium when they could accumulate a ~19.9% stake so much lower and then lodge a conditional 50.1% offer at say $0.02...everyone will still fold into that bid, if faced with the downside on a broken deal and the overhang of the PE stake to sell.

 
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Last
13.0¢
Change
0.010(8.33%)
Mkt cap ! $136.5M
Open High Low Value Volume
12.5¢ 13.5¢ 12.0¢ $408.1K 3.153M

Buyers (Bids)

No. Vol. Price($)
4 111691 13.0¢
 

Sellers (Offers)

Price($) Vol. No.
13.5¢ 66484 3
View Market Depth
Last trade - 16.10pm 10/06/2024 (20 minute delay) ?
Last
13.0¢
  Change
0.010 ( 6.12 %)
Open High Low Volume
12.5¢ 13.5¢ 12.5¢ 2007385
Last updated 15.57pm 10/06/2024 ?
ALA (ASX) Chart
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