ALA 3.13% 15.5¢ arovella therapeutics limited

Bigdogs take on things, page-8

  1. 3,190 Posts.
    lightbulb Created with Sketch. 25
    $ 5.6 million was raised on 13/11/2013 , that is, less than 18 months ago - under the same pretense that the $5.3 million was raised this time.

    Have a read of what SC said at the time:

    http://www.asx.com.au/asx/statistics/announcements.do?by=asxCode&asxCode=sud&timeframe=Y&year=2013

    Sound familiar?

    " ... and the new CR gives them two years worth of money..."

    Two years CBD? The last CR didn't even last 18 months and Suda did not conduct any expensive trials (if I remember correctly) in that time. Wher did all of that money go? Administration? I don't know. However, It appears that Suda will have to conduct some trials now. Two years of funding? I don't think so.
 
watchlist Created with Sketch. Add ALA (ASX) to my watchlist
(20min delay)
Last
15.5¢
Change
-0.005(3.13%)
Mkt cap ! $163.0M
Open High Low Value Volume
16.0¢ 16.5¢ 15.5¢ $324.3K 2.016M

Buyers (Bids)

No. Vol. Price($)
4 100094 15.5¢
 

Sellers (Offers)

Price($) Vol. No.
16.0¢ 333024 2
View Market Depth
Last trade - 16.10pm 18/09/2024 (20 minute delay) ?
ALA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.