ALA 1.61% 15.3¢ arovella therapeutics limited

@pogues absolutely, however, you appear (from your previous...

  1. 646 Posts.
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    @pogues absolutely, however, you appear (from your previous posts) to be switched, so you would agree with me that there are very few if any businesses that say they will do something and then for whatever reason things don't work out... unfortunately my friend this is business. not everything goes according to plan. from these levels, I feel more confident to put my money here than in a term deposit because 'fundaments' suggest that it will give a higher return than putting it into a 3% term deposit locked away for 'x' months. unfortunately there are things that come up during a businesses life span that are out of their control. it is bloody hard to land a deal, believe me! let me ask you, if you were put in charge what would you do different. unfortunately people come on these forums and bag management when they would not have a bloody clue how to do their job if they were put in the spotlight. this is not cross promoting but I will give you an example. over at AUZ land, the company was sitting around 1c for years. they got some tenements with scandium, cobalt and nickel, through in a few drills, got some good results, signed an offtake with SK Innovation and the price saw a massive re-rate. prior to this, the MD was getting pinned to the cross. when the price reached around 12.5c+ he was praised and called the messiah.... the price has come down since due to a mixture of global markets and delays in producing the BFS to the public. fundamentals have not actually changed but there are holders who now want to pin him again to the cross. these are holders who likely bought in at top end levels. they (IMO) thought that a companies SP just goes north! ignorant or what??? the company (AUZ) is doing what it needs to do to progress things but still, the BOD and in particular the MD is getting slogged. is it his fault that the trapped holders are now in a position of what I call 'weak hands'? where I am getting at in comparison to SUD is this.... in so far as fundamentals are concerned, what in your opinion has changed? is it the fact that no deal has been announced? if so, there was never a deal announced and taken away to start with? therefore, nothing in terms of fundamentals has changed. there will always be people of these forums singing doom and gloom as well as others who only talk about blue skies.... for the former ones, who knows what their agenda is. likewise really with the latter so called 'uprampers'..... when something is bought (IMO) it should be done so on the basis of what each individual believes the item is worth and the potential it has. if they buy on the basis of hoping for a pump then to me that's blatant gambling and there are better odds at the casino... all IMO
 
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