There were rumours that a hong kong billionaire is looking at acquiring an australian bio tech for medical device.
Karst peak capital off market purchase at 9.7c taking their positions to just under 20%
I am happy to keep buying- i think AVH woth FDA approval and roll out to more burns centre will make this a substantial company in the near term.
Even if they capture 10% of total burns victims in the US alone in a given year thats (0.10x486000x$7500) =$365m in revenue
Capture 20%= $730m
50%= 1460m
Then you have expansion globally and this company could be worth multiple billions imo
As such thats why i think AVH is in play atm with a market cap of just $111m.
Dyor
Traderrr
Ann: Change in substantial holding, page-5
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$2.78 |
Change
0.110(4.12%) |
Mkt cap ! $195.7M | |||
| Open | High | Low | Value | Volume |
| $2.77 | $2.82 | $2.74 | $999.8K | 359.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5419 | $2.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.79 | 10000 | 1 |
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| AVH (ASX) Chart |