The thing for me is I'm looking for stocks like AHZ that will be huge down the track. Something that eventually makes money. Once Cardiocel is bringing in the revenue, the stock should eventually become cashflow positive, not straight away but eventually, add to this further contract wins, news from HPV, HSV and EBV.
What I look for is market leading products, you simply have the best available chance of being on a winning investment.Look the stock is closer to an 80m m/c now and still doesn't have FDA, CE or TGA approvals. It isn't cashflow positive. Yet look at the way it's growing. Look how well FMG went before it even produced.
One could sell now and start all over again. You simply don't sell an asset that keeps on giving. It isn't a liability like a house that constantly needs money thrown at it.
One simply has to just add at the right times to their shareholding, over time this would be life changing. One thing you don't do is buy stock of a company that doesn't have any chance.
Profit made at purchase.
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Last
$9.00 |
Change
0.200(2.27%) |
Mkt cap ! $190.2M |
Open | High | Low | Value | Volume |
$8.90 | $9.48 | $8.88 | $176.7K | 19.75K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 590 | $8.80 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$9.40 | 70 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 590 | 8.800 |
3 | 2136 | 8.680 |
1 | 260 | 8.510 |
1 | 300 | 8.500 |
1 | 2 | 8.420 |
Price($) | Vol. | No. |
---|---|---|
9.400 | 70 | 1 |
9.430 | 105 | 1 |
9.490 | 218 | 1 |
9.500 | 250 | 1 |
9.850 | 1000 | 1 |
Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
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Will Souter, CFO
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