So you know what thousands of holders are going to do or just think you do. I don't and neither waste my time caring about what others may or may not do.
I hold a decent amount here as I do in others in this space but why wouldn't any investor want more shares in any company as it derisks.
Personally, I think the cap raise was way too modest and a lost opportunity. There are other very recent examples that have raised significantly more in this space.
Ann: Arovella Completes $12.5M Placement - Funded to Phase 1 Data, page-30
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Last
17.5¢ |
Change
0.010(6.06%) |
Mkt cap ! $183.9M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 17.8¢ | 16.5¢ | $767.1K | 4.540M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 267648 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 355573 | 3 |
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| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| ALA (ASX) Chart |