I dont agree with the argument that those sell orders are cappers ahead of a capital raising.
IMO alot of those orders appeared last week after the announcement of the Zolpimist delay and I think there is still a decent runway for share price appreciation and confidence to return to the company ahead of some additional funding.
My money is where my mouth is and I have added to my position yesterday and today.
I dont agree with the argument that those sell orders are...
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Last
14.5¢ |
Change
-0.005(3.33%) |
Mkt cap ! $152.5M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.0¢ | 14.5¢ | $38.90K | 263.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 624656 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 628807 | 7 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| ALA (ASX) Chart |