Nice little write up in the AFR today. Only a small section as part of a larger piece but hopefully get some exposure
Arovella Therapeutics: if this succeeds, it’s “probably the cheapest biotech stock in the world right now”, says portfolio manager Andrew Chapman of Merchant Funds Management. The Merchant Opportunities Fund – focused on medicine and biotechnology – has generated compound returns of 16.65 per cent per year for 10 years, compared to the S&P/ASX Small Ordinaries Index at 2.94 per cent per year to June 30, 2023.“[The therapy] is close to being fully developed,” says Chapman. “It’s trying to develop a cell that will go into your body and kill cancers. I really think this technology has the ability and potential to revolutionise the way we treat complex cancers.” Arovella shares fetched 18¢ on February 12, on a market value around $167 million.
Best-biotech-stocks-find-the-next-Pro-Medicus.pdf
- Forums
- ASX - By Stock
- AFR - Why analysts love these eight medtech stocks
Nice little write up in the AFR today. Only a small section as...
- 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 ALA (ASX) to my watchlist
(20min delay)
|
|||||
Last
13.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $141.7M |
Open | High | Low | Value | Volume |
14.0¢ | 14.5¢ | 13.5¢ | $113.9K | 814.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 393710 | 13.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.0¢ | 3153 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 319636 | 0.135 |
14 | 472819 | 0.130 |
6 | 229992 | 0.125 |
16 | 491028 | 0.120 |
8 | 331696 | 0.115 |
Price($) | Vol. | No. |
---|---|---|
0.145 | 1723562 | 6 |
0.150 | 400007 | 6 |
0.155 | 684615 | 4 |
0.160 | 427411 | 4 |
0.165 | 265000 | 2 |
Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
|
|||||
Last
14.0¢ |
  |
Change
0.000 ( 3.70 %) |
|||
Open | High | Low | Volume | ||
14.0¢ | 14.5¢ | 13.5¢ | 234426 | ||
Last updated 15.51pm 14/06/2024 ? |
Featured News
ALA (ASX) Chart |