ALA 4.17% 11.5¢ arovella therapeutics limited

Ann: Update on ALA-101 and onCARlytics research collaboration, page-6

  1. 256 Posts.
    lightbulb Created with Sketch. 23
    This looks to me like a "read between the lines" announcement.

    "technical challenges with the pilot study in the hands of Arovella's contract research partner" - reads to me like the company completing the trial haven't captured enough data or missed some important milestones during the process.

    "Scientifically, the collaboration is exciting and may provide a treatment pathway for patients with very few options" - reads to me that they are still very confident and happy with the results they have received so far but let down by the capturing of the data.

    "We will continue to work hard to generate robust in vivo data. However, we need to ensure that the data generated is of the highest quality" seems to cement my thoughts above.
 
watchlist Created with Sketch. Add ALA (ASX) to my watchlist
(20min delay)
Last
11.5¢
Change
-0.005(4.17%)
Mkt cap ! $120.7M
Open High Low Value Volume
12.0¢ 12.0¢ 11.5¢ $29.39K 250.3K

Buyers (Bids)

No. Vol. Price($)
6 391319 11.5¢
 

Sellers (Offers)

Price($) Vol. No.
12.0¢ 504101 10
View Market Depth
Last trade - 16.10pm 27/05/2024 (20 minute delay) ?
Last
11.8¢
  Change
-0.005 ( 2.08 %)
Open High Low Volume
12.0¢ 12.0¢ 11.5¢ 319349
Last updated 15.32pm 27/05/2024 ?
ALA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.