Hi @Nekta, perhaps a holder can respond properly to that question. I made my thoughts known, prior to the last results being released, here: https://hotcopper.com.au/posts/55607272/single
But I would note this ^ was originally posted on 26 August when the SP was at $4.98 and there was a lot of talk (at least on these threads), in advance of the results being released, of the SP getting a big leg up. Well, the results released shortly thereafter certainly did show an improvement on the cash burn, as well as a revenue increase, but any share price appreciation was somewhat short lived. Despite the apparent good news, we now find ourselves down another 30c from when before the results came out. I can only assume the market has given a collective shrug, at least at this point in time. My assumption is that it relates mostly to cash management - as my post above notes, Avita have been raising, on average, A$53m of cash each year for the past five years. Just my musings - that's why I sold out anyway. Of course, this is HotCopper, and I'm a non-holder now, so what would I know?!
- Forums
- ASX - By Stock
- AVH
- Ann: AVITA Medical Investor Briefing to be held 9 October at 9am
Ann: AVITA Medical Investor Briefing to be held 9 October at 9am, page-32
-
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AVH (ASX) to my watchlist
(20min delay)
|
|||||
Last
$2.80 |
Change
-0.030(1.06%) |
Mkt cap ! $197.1M |
Open | High | Low | Value | Volume |
$2.83 | $2.89 | $2.80 | $299.8K | 105.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 3700 | $2.79 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.83 | 10724 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 3700 | 2.790 |
1 | 2400 | 2.780 |
1 | 500 | 2.770 |
1 | 2000 | 2.760 |
1 | 4000 | 2.750 |
Price($) | Vol. | No. |
---|---|---|
2.830 | 10724 | 2 |
2.870 | 14722 | 3 |
2.880 | 14249 | 3 |
2.890 | 9500 | 1 |
2.900 | 5200 | 5 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
Featured News
AVH (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online