We are heading up Scenario 1
Will the news that is to come shortly be enough to drive us up the trend of scenario 1
We held above the 61.8 @ 7c need to push through 8c now to confirm a move higher
see how we go
At some stage of the game WE TO will move like ATH did today and i am tipping it will be the Yanks again that grab this by the short and curly,s and show the ASX investors the value in ANP
and im tipping
The Move wont come from diamonds cafe webinars nothing more certain than that
I am not going to cross promote here but i just want to touch how the ceo of another company has just raised funds
I have just taken place in an SPP where by as a shareholder immaterial of your holding you could apply for a maximum of $30k in shares @2.4 c which was roughly where the SP had been sat around 2.7c looking to raise $4mil
Along side of this an institutional funding was sought for a further $8.7mil @ 2.4c
Well the funding on both fronts was oversubscribed
The CEO informed the market that the institutional subscribers for the $8.7mil were awarded 19% of their requested ask
The spp was oversubscribed to the tune of $5.3mil
Our allocation was reduced and i picked up 75% of my ask as did all shareholders across the board
For the first time ever i came out in front of a so called sophisticated investor well done to our CEO
Now the bit that i like about it unlike our CEO who sold the farm to AEF and platinum whos mercy we now find ourselves at
The CEO of this company i am talking about sold our story out there to multiple investment of which they were given 19% of their requirements,
So he must have had the investment in the palm of his hand holding on to his sales pitch because looking at that figure had they all got what they wanted he could have raised 5 x that $8.7mil bringing in $43.5mil to fullfill their 100% requirement
Since that raise just a couple of weeks ago our SP has risen from 2.4c to 8.5c today and i see it going over 10c in the very near future
So what i am getting at is this CEO whom is an ex director of pattos understands the dangers of giving controlling stakes to funds and i am tipping the buying that is going on at the moment could well be some of those instos topping up on their 19% allocations after having their appetites wet for the stock
I remember as a long term holder back when ANP did the original raising with AEF and platinum and our SPP all done also @2.4c I requested as a long term holder that had never sold an anp share at that stage that i be allowed to take part in any shortfall in the SPP
As usual Diamond was looking after the boys club and all the shortfall was given to the Soph investors those that never even held, as a long term shareholder suffering from a consolidation and a trashed SP i believe existing shareholders should have been allowed into the shortfall to be able to average down and tightening the share register even further
Had Diamond found multiple support instead of giving the lions share to two houses we could well be sat in a totally different position now, i know some will say we were a dead duck without AEF and platinum, my reply to that would be how hard did they try and was it Diamonds Naivety and lack of market understanding that has us in the position we find ourselves in today at the mercy of our largest holders
I have read on here that some accept that he is learning, he may well be learning but at whos expense i would say at the expense of the loyal shareholders that have supported this stock through its journey thus far
I know some here know the story of Gillam wong and Sirtex and his fall from favour because he was prosecuted for insider trading, but he actually took sirtex to its heights and the first thing he did when he took over at sirtex and they had$600K @ bank was to hire two salepersons and sent them to the states to sell the story and bring in investment he went on to be crowned ceo of the year
We have the results we have now 3 successful stage 2 trials complete all with outstanding results
What is the problem why is this man not running around the states with the two ex sarepta bosses spreading the word face to face
HE, THEY, are always on the back foot waiting for this waiting for that and shareholders are always left hanging
When you look at the result from ATH today and how the run started it is evident that there is an appetite for @market investment in the states for the ozzi biotech
ANP IF ONLY THEY KNEW
with DIAMOND Steering this
I DOUBT THEY EVER WILL
see how we go
Chart, page-1847
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7.9¢ |
Change
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Mkt cap ! $81.90M |
Open | High | Low | Value | Volume |
8.0¢ | 8.0¢ | 7.9¢ | $230.1K | 2.904M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 51000 | 7.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.0¢ | 163520 | 2 |
View Market Depth
No. | Vol. | Price($) |
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1 | 51000 | 0.079 |
18 | 1244001 | 0.078 |
10 | 1037506 | 0.077 |
9 | 894271 | 0.076 |
10 | 1100649 | 0.075 |
Price($) | Vol. | No. |
---|---|---|
0.080 | 163520 | 2 |
0.081 | 344626 | 2 |
0.082 | 150000 | 1 |
0.083 | 368750 | 3 |
0.084 | 200000 | 1 |
Last trade - 15.57pm 01/11/2024 (20 minute delay) ? |
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