I really get the impression that the current mgt of AAH have got their act together.
Achievements that impress me are
1) They disposed of an investment at the top of the market for good money which is sitting pretty in the bank.
2) They are now offloading non-core, non-strategic assets- very sensible.
3) They have ample cash to fund product development and commercialisation.
4) They have a handful of drugs being developed from the former Peptech and Evogenic entities that the mkt values at next to nothing at the current share price.
5) They have relationships with some of the biggest industry participants in the world.
For me this is now a long-term hold as this company is going places. I am going to stay for the ride. I like what I am reading!
AAH
arana therapeutics limited
disposal of animal health division
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