ALA 7.69% 14.0¢ arovella therapeutics limited

The company needs to attract institutional investors. 26% of the...

  1. 748 Posts.
    lightbulb Created with Sketch. 88
    The company needs to attract institutional investors. 26% of the registry is held by the top 20 which is pathetic. Also, out of that only 3% are actually insto's the rest are retail, again pathetic. 


    SUD is a retail play currently, which means it's not going to move, regardless of the news.


    2.5bn shares has f**ked the chance for decent price gains, unless the pumpers come back. Only once we get instos taking  500M + shares are we in for a chance. 


    SC can get insto's by:

    - keeping on doing deals, which he's finally starting to do & 

    - better disclosure/communication around forecasts and explain the business model & revenue models available - co-devs, partnering etc. 


    Also, get the 4C out early in the NY as you'll be able to do the math and see strides co-development fees being paid.  


    Us retail mugs can talk it up and tell all our mates, but none of us have the $$$ to pick up the stock needed to get this thing moving. 

 
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Last
14.0¢
Change
0.010(7.69%)
Mkt cap ! $147.0M
Open High Low Value Volume
13.5¢ 15.0¢ 13.0¢ $701.7K 4.922M

Buyers (Bids)

No. Vol. Price($)
1 4865 14.0¢
 

Sellers (Offers)

Price($) Vol. No.
14.5¢ 436903 4
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Last trade - 16.10pm 11/06/2024 (20 minute delay) ?
Last
13.5¢
  Change
0.010 ( 2.51 %)
Open High Low Volume
13.5¢ 15.0¢ 13.5¢ 1669620
Last updated 15.41pm 11/06/2024 ?
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