I see Merchant has just bought into arovella (ALA). The company has a dodgy history with two reboots, suspensions, plenty of raises and spending and nothing to show for it. Merchant now own 7.89% of a $20M market cap company. So about $1.5M worth. I can't tell from their website if they're taking a scattergun approach and hoping something hits by investing in all Aussie biotechs, or if they think ALA might finally be on to something.
I do not own any ALA, it will need a lot of homework first
I see Merchant has just bought into arovella (ALA). The company...
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Last
$1.45 |
Change
0.030(2.11%) |
Mkt cap ! $247.1M | |||
| Open | High | Low | Value | Volume |
| $1.43 | $1.45 | $1.40 | $163.8K | 115.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $1.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.45 | 31396 | 1 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| RAC (ASX) Chart |