Sometimes the possibility is worth far more to the market than the reality.
The reality is that with FDA approval and years in the market it hasn't taken off like many thought it would and the vax turned out to be no good . It is "cheap" now, but it has to survive and become cash flow positive else your investment is just a donation to management salaries, as many of ours has been. I've toyed with buying a parcel to trade in the short term, but in the long run I don't like what I have seen or what I see going forward, particularly with this mob running the show.
Have you sat down and figured out when it will go cash flow positive at the current trend of expenditure and revenue growth? I would be interested in it, I hope to find some time to do it myself.
A Sabby dirty deed?, page-85
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AVR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$18.31 |
Change
0.000(0.00%) |
Mkt cap ! $351.9M | |||
| Open | High | Low | Value | Volume |
| $18.30 | $19.00 | $18.00 | $363.4K | 19.82K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 500 | $18.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.50 | 1000 | 1 |
View Market Depth
| Last trade - 15.59pm 01/07/2024 (20 minute delay) ? |
| AVR (ASX) Chart |