This is an extremely strong buy
Refer to my posts yesterday. Ive explained it in great detail.
Share buy back to commence next Monday. Will be buying back 7% of capital. Top 20 hold 58% of company.
Trading at tiny market cap of $55 mil, low p/e ratio of 11 and profits will be extremely strong this quarter.
Go to any pharmacy and ask them if their purchases of Genepharm have increased in the last 3 months. I can tell you that many pharmacies have doubled their purchases of GAA purchases in the last 2-3 months. My mate who is a pharmacist has told me that many pharmacies are stocking up big on GAA products recently. Their interest in the generic market has increased from 6 to 11% in the last year as per the annual report and this will be substantially higher now.
Oh I forgot a director also bought up last month.
Get in now before the quarterly is released and the buy back commences this week
Starting to break out on the charts now.
GAA
genepharm australasia limited
most overlooked and strongest buy on the asx
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