Agree to that, I am glad to be in there. Not sure about an acquisition though when the GO kicks in. The two big holders Blackrock and Vanguard have the clout and analysts who will look ahead into its final potential and I am betting they will take a much larger stake in this beauty. Very difficult for a takeover then.
Warren Buffet had a neat response for those acquisition types ( info care of Mary Buffet ). If you went to him and offered just above market price for his holdings i.e Cocoa Cola he would look at its earnings 20% look at where he could put that money with same security American bonds 2.5% and tell you no instead you give me 10 times it’s market value to obtain same return. Don’t like that go and pound sand.
Whats the future earnings of Avita likely to be, will it be a secure over time i.e. a new gold standard in medical procedures.
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Mkt cap ! $160.4M |
Open | High | Low | Value | Volume |
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4 | 82002 | $2.42 |
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Price($) | Vol. | No. |
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2 | 6000 | 2.410 |
12 | 28130 | 2.400 |
2 | 12278 | 2.390 |
11 | 55594 | 2.380 |
Price($) | Vol. | No. |
---|---|---|
2.440 | 384 | 1 |
2.480 | 467 | 2 |
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