It's almost impossible to keep track of what they are doing !
With $1.7M in bank at end of last quarter, and a forecast spend of $700K this quarter I would say a CR is coming up
None of these projects they are working on are exciting. Where are the $M's in upfronts, or the $150-300K monthly development fees people were touting ?
It looks to me like they get a hold of some IP, then just seek to flick it on for a free carry and commercialisation, irrespective of how small the upfront or how long the development period.
Sack carter, scrap all this garbage IP, raise $2-3M and go after a cannabis deal you own 100% of or something worthwhile
Ann: SUDA Enters Agreement To Develop Cannabinoid Spray, page-117
Add ALA (ASX) to my watchlist
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Mkt cap ! $126.0M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 13.0¢ | 12.0¢ | $92.22K | 749.2K |
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| 10 | 370550 | 12.0¢ |
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| 12.5¢ | 134745 | 7 |
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| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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| 12.5¢ | 12.5¢ | 12.5¢ | 104495 | ||
| Last updated 14.23pm 10/05/2024 ? | |||||
| ALA (ASX) Chart |