ATH 16.7% 0.4¢ alterity therapeutics limited

What will happen on Nasdaq tonight?, page-187

  1. 991 Posts.
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    Unlikely. At 3.3c, the market cap would be just $34m. Low float, since there are many long term holders including one who owns around a third of the shares. Meanwhile, interest seems to be growing among retail US investors. In the past 24 hours, ATH was the third fastest growing stock on Robinhood in terms of percentage increase in shareholders:

    https://hotcopper.com.au/data/attachments/2266/2266756-493468d13cc26825f55a4264cb88afdb.jpg

    It seems to me, at least in the short term, demand > supply, which makes sustained further falls unlikely.
    Last edited by vagabond84: 02/07/20
 
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