ALA 9.09% 12.0¢ arovella therapeutics limited

PYCAnnounce raise 14/03Allotment of new shares 15/04Sooo shares...

  1. 1,682 Posts.
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    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?







    Last edited by Uttsy: 10/04/24
 
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