AVE 0.00% 0.2¢ avecho biotechnology limited

Ann: Positive results from Avecho's Phase I trial of CBD soft-gel, page-36

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 4,660 Posts.
    lightbulb Created with Sketch. 568
    Honestly speaking, people here thought that the results will be out in December and this will sky rocket (LOL).... now results are out and ... not a zilch of difference on positive side except that it went down to 1.4c.... just 1c away from 52week low.

    Normally, with result comes a program of next step. the only thing i can see in the result was paragraph below:

    https://hotcopper.com.au/data/attachments/3892/3892418-5a2f28975947bae2929568ae5f0900ab.jpg

    as a non-medical background individual these are just "word" in without any direction & commitment..... IMO.... what new investor looking at the result needs to know what are they doing next, when are they doing it, what are the milestone they going to track next year and how much fund they got for that and when we will get the results.... !

    I believe most retail investor don't come from medical background and their decision is purely around timeline, sentiment, balance-sheet, value creation by product, possible upside in "$$$$" ... and the company announcement doesn't include anything that can tell me what's next and when and what we shareholder get out it in "$$" term ..... !


 
watchlist Created with Sketch. Add AVE (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.