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ALA

I last looked at Arovella Therapeutics (ASX: ALA) in July when the price was 8.8 cents. At the time, I said be a little critical and to check back in a couple of months.

Well, the share prices has dropped to 8.4 cents. But I suspect with the AGM due at the end of October, I would expect some news before then. The news will probably be in relation to the planned Phase 1 trials. I feel the share price could go back up to 10 or 11 cents before the meeting (in anticipaton of news). After that, given a good Phase 1 trial, this will continue to improve throughout 2026.

I will check back in late October.

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