@baldynumbers, You are correct that Alium Alpha only put in an extra $16,735 but I still think its a positive sign.
- Alium are specialist technology investors so they understand what they are doing. They are patient. Not out to make a quick buck.
- They must have done their due diligence and liked what they saw. Yes, its only $16K but you don't willingly throw $16K into a dumpster fire.
- They hold 12% of the shares on issue. Their stake is currently worth $670K even at the woeful last traded price. I expect these guys have much more skin in the game than ANYONE commenting on Hot Copper.
Yes, it would have been better if Alium subscribed for $250K of shares but some is better than none.
We do agree on one thing... It will be interesting to work out who bought the rest of the $1.1M.
@baldynumbers, You are correct that Alium Alpha only put in an...
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