AVE 0.00% 0.3¢ avecho biotechnology limited

Ann: Elixia range of Personal Care Products - Upd, page-13

  1. 4,156 Posts.
    lightbulb Created with Sketch. 67
    re: Ann: Elixia range of Personal Care Produc... Good to see some results . Remember poh needs to keep reinvesting in production growth to achieve its ambitions ie a business that helps fund its pharma developement . Those sales disclosed can generate around 100k/200k profit but as I'v stated they'l need to be ploughed back into production .
    If Elixia can grow to around 10M i'd estimate they'l be able to cover around four months cash burn .
    The problem is present cashburn & how long it might take for Elixia to make its cash contribution . I see a cap raising not too far off but the Elixia effort will help pull investors across the line . All in all not bad .
 
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¢ $6 1.963K

Buyers (Bids)

No. Vol. Price($)
51 93002619 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 60312650 22
View Market Depth
Last trade - 09.59am 23/08/2024 (20 minute delay) ?
AVE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.