Ann: Change in substantial holding, page-5

There were rumours that a hong kong billionaire is looking at acquiring an australian bio tech for medical device.
Karst peak capital off market purchase at 9.7c taking their positions to just under 20%

I am happy to keep buying- i think AVH woth FDA approval and roll out to more burns centre will make this a substantial company in the near term.

Even if they capture 10% of total burns victims in the US alone in a given year thats (0.10x486000x$7500) =$365m in revenue
Capture 20%= $730m
50%= 1460m
Then you have expansion globally and this company could be worth multiple billions imo

As such thats why i think AVH is in play atm with a market cap of just $111m.

Dyor

Traderrr