AVE avecho biotechnology limited

great news, page-19

  1. 4,311 Posts.
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    Its not about the science GC its about the coys financial position . Understand this , most bio's fall over due to funding regardless of the merits of their science . This sector is littered with debris .
    Look at their situation , only 8m in the bank & a mountain of expensive research/trials on the agenda . If they dont get lucky with an upfront soon ( I'm hoping for AOD ) they'l have to go to the market for cash from the insto's on a substantially discounted SP & despite their best efforts they cant impress the market enough to raise the SP , witness today & as you say that was a good ann'
    The chance of this stock seeing 6 something cents again is probable .
    If the human trials for AOD dont excite the market this party is over . If thats not highly speculative what is ?
    Remember its not compulsory to hold stock in POH , equities are a liquid market . You can go to resources & come back any day u like and if u pay a few more cents than what u sold at its only academic in a " blockbuster "
 
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