CU6 4.15% $6.78 clarity pharmaceuticals ltd

Just remembered something Alan mentioned yesterday. Some of the...

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  1. 7,207 Posts.
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    Just remembered something Alan mentioned yesterday. Some of the funds that bought in recently (not sure during CR or after) it seems have commented to him that they had to revise their fund mandate multiple times from upper limit allocation of 10% to 20% and then to 30% so they could to hold onto Clarity in their portfolio.

    1. Just imagine what it will do their portfolios if we move up to $10 or higher.

    2. As we are at the top of the ASX300 (per Alan) the funds would have to hold their higher allocation to us. Further, when we do join the ASX200 while the funds would have the lowest allocation to us it is likely to be much higher $ allocation than in the ASX300. Anyway companies in the ASX200 will also be in the ASX300 so more fund exposure when that happens.

    I also have to note that there were early investors and supporters of Clarity who have been invested in the company and associated with Alan for more than a decade , and it was good to see Alan share a good relationship with them.

    AIMO. No advice.
 
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$6.78
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