ALA 11.1% 15.0¢ arovella therapeutics limited

Breakout Looming, page-13

  1. 408 Posts.
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    Thanks for your honest assessment of where we are at. From my perspective the one or two cents either way doesn't really matter. The reason we have some very long term holders is due to the potential upside when they eventually get their act together. When SUDA puts a deal together with money attached to it I doubt it will be south of ten cents again. The first deal is likely to see further deals follow soon after. Also a lot will depend on the company they are able to do a deal with, if it is a top ten this is going to add further value to the shares. The potential upside far out weighs the downside at this point in time. I have been holding since August and have picked up a few more along the way. Will continue to hold for the 12 months to be in a position to get the tax benefits (Hopefully) after that will look where they are at and reconsider my position. At this stage I would be kicking myself if I sold and they made an announcement soon after.
 
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