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14.0¢ arovella therapeutics limited

Why i bought back into to the Suda Story last Wednesday, page-3

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168 Posts.

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21/10/18

14:33

Post #: 36202029
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Originally posted by paultay ↑

Last Wednesday i bought 6million shares followed by a top up of a further 1 million on Friday (average is .0078 of a cent)

I was last a holder of Suda/EMS back in 2008 where i managed to trade my position for a smallish loss

Now you may ask why i have come back in for round two?

Well here i go.

SUDA come back on my radar on the 2nd of July when the Berlin litigation situation had been resolved, i did before that point fear that it may have broke Suda and i also feared that no Multinational Pharma would get into bed with Suda with such a cloud hovering over there head

Ex Chairman increases his holdings from 26 million to 86 million shares following HCBP Settlement

31st of July. The rights issue was over subscribed with CPS at the helm.
CPS were also in charge of other CR which have been structured exactly the same as the SUDA CR...
We have the same lead broker

1 CTM raised capital at .4c attached options exercised at 1.2c - CTM hit 2c
2 BIT raised capital at 1.5c attached options exercised at 5c - Bit hit 43.5
3 Suda raised capital at .5c attached option exercised at 1.5c ...............
Anyone see the pattern

For me the lure of Carter to get deals done to get the options exercised and then having access to the 9 million dollars capital.from those option is a achievable goal

The AGM on the 15th of Nov and a CEO that knows his neck is on the line

The trading halt last month and then releasing a "Market Update" made no sense and leads me to beleive that a deal may have been done, but he was not able to release due to technicalities (maybe something to do with his trip to Canada and the legalization of Cannabis!

"Company making deals" are over due as of Sept (Are they ready to drop?
Zolpi
CBD
Sud001h

Largest trading day in Suda's history, last Wednesday (albeit with a lot more shares on hand) .

Market cap and share price at a historically low

And finally Biotechs are the flavor of the month - Any News released now will see maximum exposure.

Expand

I agree with many of these observations as during my research I came to similar thoughts.

And the options have been trading at an increased premium to the heads + exercise price .003 (Friday's finish) + .015 exercise = .018 heads finish at .007 ??? also massive volumes on the options Thursday & Friday ... Accumulation yes, larger position for less $ yes

I just get stumped because the options dont expire until July 2020 ... any thoughts around this ?

All I get is someone thinks there is a sustainable SP increase available or the options will trade higher with a smallish SP increase on the heads

IMO

SUD Price at posting: 0.7¢ Sentiment: Buy Disclosure: Held
6 Upvote

1 Great analysis

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Last 14.0¢		Change -0.005(3.45%)		Mkt cap ! $147.0M

Open	High	Low	Value	Volume
14.5¢	15.0¢	14.0¢	$95.42K	662.9K

Buyers (Bids)

No.	Vol.	Price($)
6	168013	14.0¢

Sellers (Offers)

Price($)	Vol.	No.
15.0¢	1440985	13

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No.	Vol.	Price($)
6	168013	0.140
9	467831	0.135
6	540915	0.130
15	1083601	0.125
23	1268953	0.120

Price($)	Vol.	No.
0.150	1440985	13
0.155	725000	4
0.160	414400	4
0.165	200000	1
0.170	411812	5

Last trade - 16.10pm 28/06/2024 (20 minute delay)

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Why i bought back into to the Suda Story last Wednesday, page-3

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