AVE 0.00% 0.3¢ avecho biotechnology limited

financials have been released, page-31

  1. 2,083 Posts.
    lightbulb Created with Sketch. 502
    Whether its a SPP or a placement, that fact remains that POH still does not have a plan to fund Oxy through to commercialization and the March announcement of funding will not remove that uncertainty.

    Perhaps one of those milestone payments Esra was talking about on you-tube is successful completion of phase II for oxycodone?

    What I do find interesting is that they have flagged a capital raising to the market before negotiations are completed. To me that seems a bit silly if they were to raise funds based on the VWAP of the shareprice over a certain period. So to me this discounts a vanilla raising via brokers. Convertible note is a possibility, or perhaps a cornerstone investor?

    What is does mean though is that there is probably no upfront for the anti-cellulite product.
 
watchlist Created with Sketch. Add AVE (ASX) to my watchlist
(20min delay)
Last
0.3¢
Change
0.000(0.00%)
Mkt cap ! $9.507M
Open High Low Value Volume
0.3¢ 0.3¢ 0.3¢ $202 68.00K

Buyers (Bids)

No. Vol. Price($)
51 89002619 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 59770911 19
View Market Depth
Last trade - 16.10pm 20/08/2024 (20 minute delay) ?
AVE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.