ALA 2.70% 19.0¢ arovella therapeutics limited

moving forward, page-61

  1. kcl
    331 Posts.
    lightbulb Created with Sketch. 134
    No probs numbers - glad you didn't take me the wrong way as so often happens with us pedants.

    In relation to the thread, I can't see the share price going far in the short term without new blood on the registry and/or some serious developments. The 5c options are going to keep a lid on the price for a while as some who exercise will want to unload to realise the value and, possibly, repay debt that may be involved in exercising them.

    People might even be exercising them out of the money as, with the current low volumes, you would have to pay a lot more than 4.9c if you wanted millions of them.

    I can therefore see buying below 5c and selling above 5c so I wouldn't be surprised to see the price consolidate here for a while before the next step. We need to be patient - or should I say continue to be patient.
 
watchlist Created with Sketch. Add ALA (ASX) to my watchlist
(20min delay)
Last
19.0¢
Change
0.005(2.70%)
Mkt cap ! $200.6M
Open High Low Value Volume
18.8¢ 19.0¢ 18.5¢ $115.0K 609.6K

Buyers (Bids)

No. Vol. Price($)
6 226209 18.5¢
 

Sellers (Offers)

Price($) Vol. No.
19.0¢ 791369 7
View Market Depth
Last trade - 15.59pm 08/11/2024 (20 minute delay) ?
ALA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.