1AI 12.5% 0.9¢ algorae pharmaceuticals limited

Ann: Appendix 3B, page-3

  1. 170 Posts.
    lightbulb Created with Sketch. 8
    This should not matter. Traditional portfolio theory suggests that investing where you work is not a good idea (diversification, familiarity bias and so on). Or you can look at it another way; if you are offered two options:
    1. $19K now (approx 24c minus 5c) or
    2. $0K now but a very highly likelihood (not 100%; for argument sake, say 90%) chance of getting say $35K in two weeks.

    In my view, it makes sense for employees to sell at least some, because the stake is much higher for them. They will not have the $19K and future of their jobs uncertain.
 
watchlist Created with Sketch. Add 1AI (ASX) to my watchlist
(20min delay)
Last
0.9¢
Change
0.001(12.5%)
Mkt cap ! $15.18M
Open High Low Value Volume
0.8¢ 1.0¢ 0.8¢ $4.299K 477.8K

Buyers (Bids)

No. Vol. Price($)
2 329609 0.9¢
 

Sellers (Offers)

Price($) Vol. No.
1.0¢ 978773 4
View Market Depth
Last trade - 15.59pm 26/07/2024 (20 minute delay) ?
1AI (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.