Yep...I have said it before and I will say it again...the Australian market has always been backward looking...unless you can put a digger in the ground and flog resources to China
Well that has now flown out of the window and if Institutions and market makers do not wake up and start investing in some really good lower end of the market companies then woe betide Australia
Many experts predict recession is just around the corner...the Aussie dollar is falling......so wake up market makers give innovative Aussie companies, Admedus being one of them a lift...it has all the makings of a sure fire winner
Cardiocel is going from strength to strength and will eventually become the gold standard in heart surgery and other medical applications.......couple that with the behind the scenes vax developments with Prof Ian Fraser and his team which could one day be headline news..........then AHZ should be commanding huge support
The ridiculously low SP,which did not even move on todays' positive forward looking announcement is an indication that institutions have their heads in the sand....which is shameful
However I feel that we definitely need a share consolidation.....please management can't you see that
AHZ Price at posting:
6.7¢ Sentiment: Buy Disclosure: Held
