AVH @ AUD49.75c vs Current RCAR M/C

Hi all,

RCAR now at US$441M market capitalisation as of Friday, 26th January 2018.



Converting this to a current $AUD value we get the equivalent of AUD$543M.



AVH has a current M/C of around AUD$60M.

AUD$543M / AUD$60M = 9.05X

Current share price of AUD5.5c X 9.05 = AUD49.75c

Big price discrepancy - Just saying!

Important points to note:

(1) RCAR is basically a wholesale copy of AVH - so there is a real reason to compare the two

(2) Ironically, as RCAR are not in clinical trials, they can promote themselves to their hearts content. Once engaged with the FDA for example, there are non-promotional requirements that must be adhered to so this promotion would have to stop. However, RCAR are not attempting to enter the US market and do not appear to have even started any clinical trials at all.

Trade Safe!