Ann: Arovella Completes $12.5M Placement - Funded to Phase 1 Data, page-29

Nope, it’s clearly a share price thing with me. Instead of having thousands of holders having the opportunity to make a quick buck and the extra weeks in organising the raise along with the extra weeks of selling, we’ve probably at most got a handful of participants with a large majority likely going to people have held a lot longer and that will continue to hold.

Obviously you have no idea when to have taken on more risk here otherwise you would’ve loaded up more, earlier and we wouldn’t be having this discussion.