Australia's largest stock trading and investment forum Australia's #1 stock forum

ALA

Click for more information

6.06%

17.5¢ arovella therapeutics limited

PYC now 20% higher than the cap raise with $70 plus million...

First 39 Last

Share
Profile

Follow
unitfree2

903 Posts.

128

10/04/24

11:43

Post #: 73274253
Share

Originally posted by Uttsy: ↑

PYC
Announce raise 14/03
Allotment of new shares 15/04
Sooo shares haven’t even hit the market yet
ALA
Announce raise 26/03
Allotment of new shares 04/04
Shares heavily discounted to sophs, shares on market and still trading at a similar % higher than raise to PYC currently.
I know which position I’d rather be in.
Or maybe, for the point I’ve been making this whole time, we should compare SP’s a month after ALA’s raise announcement?

Cross trades are a transfer between accounts, they’re a price taker and not a price maker. They’re literally irrelevant to your point?

Personally I don’t think they needed to raise more at this time, but you understand how options work don’t you? There’s another 18.75m waiting to be issued. But also, going on your point, wouldn’t it actually be better to raise down the track at a likely higher price for less dilution? Or would you have preferred even more shares issued at a lower price just so your emotions can be satisfied? I’m not even sure you even comprehend what you’re whinging about?

Expand

PYC now 20% higher than the cap raise with $70 plus million raised...remind me and defend how good this one was again? lol

ALA Price at posting: 11.3¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

NRX

Noronex joins forces with South32 to look for copper in Namibia

AI stocks: What to expect in 2024-25

Talking Australia's very competitive property landscape: Realty Talks

EVN

Evolution shares up 3% on quarterly results for June showing rise in gold production

FMG

Andrew Forrest was seemingly possessed by the spirit of hydrogen – now he's cut 700 jobs and canned FFI

There are more pages in this discussion • 24 more messages in this thread...

First 39 Last

Add ALA (ASX) to my watchlist

(20min delay)
Last 17.5¢		Change 0.010(6.06%)		Mkt cap ! $183.9M

Open	High	Low	Value	Volume
16.5¢	17.8¢	16.5¢	$767.1K	4.540M

Buyers (Bids)

No.	Vol.	Price($)
10	267648	17.0¢

Sellers (Offers)

Price($)	Vol.	No.
17.5¢	355573	3

View Market Depth

No.	Vol.	Price($)
10	267648	0.170
5	622781	0.165
6	208955	0.160
3	177542	0.155
8	764683	0.150

Price($)	Vol.	No.
0.175	355573	3
0.180	1298013	17
0.185	1375956	8
0.190	321592	8
0.195	330000	2

Last trade - 16.10pm 18/07/2024 (20 minute delay)

ALA (ASX) Chart