ALA 4.00% 13.0¢ arovella therapeutics limited

It’s like you have all the pieces but still can’t get to 4 when...

  1. 1,687 Posts.
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    It’s like you have all the pieces but still can’t get to 4 when you have two two’s.
    No doubt the raise was known before it occurred.
    What often happens in these situations is the future news runway is used to sell the CR.
    In this case, expected data from IMU collab.
    Within hours of the CR being finalised, that news runway looks to have been pulled from them.
    The lack of news flow since confirms this.
    What effect would you expect that to have on the negotiating position of all parties?
    Amazing how that scenario explains the situation perfectly to anyone who understands the process except the overly emotional investor who only understands what they read in the barefoot investor.

 
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