ALA 0.00% 16.5¢ arovella therapeutics limited

What could SUD be worth?, page-9

  1. kcl
    331 Posts.
    lightbulb Created with Sketch. 134
    I think $200m market cap equates to a smidgeon under 8 cents. (By the way a smidgeon is the greasy, but very thin, mark left on a road when a steam-roller runs over a dove).

    From comments on a few Suda threads it seems a few of us are expecting the company to receive income from option conversion after the share price tops 1.5 cents (God willing) - I don't believe this is correct as the options hold extra value in their time to expiry in the form of leverage and there is an incentive not to convert - better off selling them and buying shares if that's what you want.

    A few inexperienced punters will convert early but I can't see why anyone else would, so I can imagine the company waiting another year and a half for those funds.
 
watchlist Created with Sketch. Add ALA (ASX) to my watchlist
(20min delay)
Last
16.5¢
Change
0.000(0.00%)
Mkt cap ! $173.5M
Open High Low Value Volume
16.5¢ 17.0¢ 16.5¢ $102.1K 611.6K

Buyers (Bids)

No. Vol. Price($)
2 169323 16.5¢
 

Sellers (Offers)

Price($) Vol. No.
17.0¢ 159991 3
View Market Depth
Last trade - 12.53pm 26/07/2024 (20 minute delay) ?
ALA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.