ALA 3.45% 14.0¢ arovella therapeutics limited

When positives overcome negatives whos on board Choo choo, page-82

  1. kcl
    331 Posts.
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    Kaz, amazingly over 2% of the company was bought today which is huge and very encouraging, but you need to remember there are 1½B shares out there that cost 0.4¢ and, importantly, came with half an option (SUDA is good at giving us all half an option).

    Many of those 0.4¢ holders would consider it a good trade to sell at 0.4¢ and keep the options for free, so I think we're in for quite a churn before the spinning tyres get much grip.

    At least the rubber has hit the road - let's see if it goes anywhere. As I've said all along, if this thing is worth anything at all, it's worth a lot. It could take a long, long time mind you but today was more than encouraging.
 
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