Even though the CR was a sure fire event, as posted above it's for progression of the company so generally a positive.
Not sure buying out a company that a director owns / founder etc for $30M is best idea (could be seen as filling own pockets) & completely transparent as I've seen out there, especially when in this case Althea has Alphria by their side in Canada where this Peak Processing company from. I read they seem to be in rec space. Anyway follow this one as details emerge.
Doesn't sit overly well with me as I see Althea very much in the helping patients medical space & this does a 180.
Then I'm a non-holder so no matter.
Those crying no SPP offered to retail holders, maybe just buy on market as SP likely to get closer to the stated $1 CR.
Nothing wrong with gaining some traction in Canada though.
Even though the CR was a sure fire event, as posted above it's...
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1.9¢ |
Change
0.001(5.56%) |
Mkt cap ! $7.701M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.9¢ | 1.8¢ | $22.48K | 1.210M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1000000 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 739958 | 4 |
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| Last trade - 15.42pm 14/08/2024 (20 minute delay) ? |
| AGH (ASX) Chart |