ALA 11.1% 15.0¢ arovella therapeutics limited

hahaha what was it then? A big dump into 10.5 on close? Was away...

  1. 1,706 Posts.
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    hahaha what was it then? A big dump into 10.5 on close? Was away fri-mon and saw plenty of bot trades during the week sell into 10.5 immediately after buys at 11, felt a pretty safe assumption to me.
    Woweee I feel like you have an incredibly short attention span, you bought up PYC, so all I’ve done is compare to the company you’ve bought up.
    Ill go through the specifics again for you…
    PYC
    14/03 announce raise
    18/03 finalise institutional raise
    10/04 finalise raise - including having to go back to insto’s as retail were well short of taking up their full entitlement
    15/04 shares hit the market.
    So a full month with a clear given timeline of how much extra time it took to go to retail.
    Now compare timeline to ALA. Only disappointment has been the time saved doesn’t looked to have been used to time a juicy announcement, but I’m sure something will be coming soon.
    Interestingly, PYC had its highest vol day since peaking at 10c 11 days ago, on a good news day and is now at 9c. Could be retail finally getting a liquidity event in order to dump their easy profits? Could always be those pesky macro events, who knows aye!




 
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Last
15.0¢
Change
0.015(11.1%)
Mkt cap ! $157.7M
Open High Low Value Volume
14.0¢ 15.0¢ 14.0¢ $106.6K 736.6K

Buyers (Bids)

No. Vol. Price($)
10 487932 14.0¢
 

Sellers (Offers)

Price($) Vol. No.
14.5¢ 50000 1
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Last trade - 15.36pm 16/08/2024 (20 minute delay) ?
ALA (ASX) Chart
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