AFT 0.00% 0.1¢ afg 2023-1 trust in respect of series 2023-1

re: perspective what's the problem? The shares were placed in...

  1. 87 Posts.
    re: perspective what's the problem? The shares were placed in accordance with ASX rulings and at a fair price at placement time.

    The only announcements before and since the placement relate to a board appointment and a manufacturing partner appointment.

    The placement notice clearly stated what the money was for and that a marketing campaign would commence next week.

    Today's Bird Flu release is surely a prelude to that campaign.

    If the company was ramping, would they not have done today's Bird Flu notice BEFORE the placement, seeing as two directors have large holdings?

    Today's flurry is just the insiders at the ASX going ballistic at an announcement.

    The wider market (who don't sit here staring at chatrooms) seems happy and supporting steady, continued price growth.
 
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