ALA 1.61% 15.3¢ arovella therapeutics limited

Hi Beale et al, My intel is that the SP is being held down by...

  1. 609 Posts.
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    Hi Beale et al,

    My intel is that the SP is being held down by one large insto (via a BoA account). Their announcement on Nov 1 about selling is still in force. I'm guessing here but they are likely to have been about 55-60% of all trades since so that implies about 30-34m left to sell. You can clearly see the 'in-size' trades and sell orders in the queue...all hallmarks of a bailing insto.

    Patience.

    Cheers
 
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