AYN 0.00% 0.1¢ alcyone resources ltd

I said I would "right" the company. I meant ring. :/If one could...

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  1. asf
    9,888 Posts.
    I said I would "right" the company. I meant ring. :/

    If one could get in @ 3.55c, it would be terrific. Of course, the lower the heads go, the lower the options could go. Alternatively, the company could realise that the SP is oo low to get retail holders in, and reduce the raising price again. However, given the 3B is out for the SI's, it gives little more faith that the retail raising will be at the same price.

    Long-dated options are the bomb, but the market really gives us nothing for free. I reckon AYN is alright. From market darling to struggler, it HAD a lot going for it before the SP plummeted- probably a lot of those qualities are still there, but it is in a very deep cycle. It's been good reading some of the AYN bear comments, but surely some of the issues for AYN are priced in now.
 
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Currently unlisted public company.

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