How awful that we heard it from the AFR and not from Althea about their major anchor investor dumping Althea shares at such a massive discount to listed price to exit the company.
Surely, this will drag the stock price close to 40c as soon as the stock comes on market as the new buyers will try and dump it for short term profits as soon they acquire it?
Also without their anchor investor and supplier of all their products, one would have to be concerned that Aphria are exiting this fast because they discovered something that was of concern.
Should the rest of us be concerned?
Aphria selling down shares at 40 cents (27% discount to listed price)
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Last
2.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.75M | |||
| Open | High | Low | Value | Volume |
| 2.9¢ | 2.9¢ | 2.9¢ | $1.913K | 65.96K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 469462 | 2.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.9¢ | 9032 | 1 |
View Market Depth
| Last trade - 10.23am 02/05/2024 (20 minute delay) ? |
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Last
2.8¢ |
Change
0.000 ( 3.45 %) |
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| Open | High | Low | Volume | ||
| 2.9¢ | 2.9¢ | 2.8¢ | 30000 | ||
| Last updated 14.22pm 02/05/2024 ? | |||||
| AGH (ASX) Chart |