AVE 33.3% 0.2¢ avecho biotechnology limited

poh has a new board, page-52

  1. 34,916 Posts.
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    It's all very compelling hottod, I don't disagree with the approach, but the approach has changed tact too many times to count over the years I've been invested. Some are feeling a bit like the 'boy who cried wolf' at the moment.

    My main concern is another capital raising. I doubt the cmpany will answer any question on that basis but I'd still like to hear for myself how much they think Phase 2 will cost (if they told jm surely they'll tell me) and whether the money they have will cover those Phase 2s.

    Also very concerned about timings of trials. There have been too many delays since I've been invested and I think most investors would just like to hear clarity on when any of these will in fact commence.

    POH is 9.9c right now for a reason. They've brought it on themselves. They need to build up confidence again. Hard to believe just 4 months ago POH hit 16c and now back to sub 10s.

    Anyhow that's just me, maybe I'm being too cautious but there's plenty of opportunity to increase my holdings when the stars become more aligned.
 
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