So what is the business plan?
To buy extremely undervalued shares with a 6 month and a 12-month review. ADMEDUS is that company with shares hitting low's of 25c with an extremely bright future, at 25c it would value the company at approx 62.5M dollars, at 30c it's valued at 76.5M dollars, 5c and a 14M dollar movement in valuation or about 20% up, so if ADMEDUS hits 50c then that's 100% profit.
If you believe ADMEDUS has the right management and products I would be then buying as many shares as I can, and did because even if ADMEDUS doesn't hit $1 by Xmas and it takes 12 months, there is a 200% to 300% profit.
PS: These are my personal thoughts and business acumen.
"Take a Closer Look", page-1150
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Last
$9.80 |
Change
0.020(0.20%) |
Mkt cap ! $207.1M | |||
| Open | High | Low | Value | Volume |
| $9.85 | $10.78 | $9.60 | $572.9K | 57.96K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5627 | $9.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.00 | 931 | 1 |
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| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| AVR (ASX) Chart |