AFT 0.00% 0.1¢ afg 2023-1 trust in respect of series 2023-1

I wouldn't hold my breath Trade_Flow..The market seems to think...

  1. 280 Posts.
    I wouldn't hold my breath Trade_Flow..
    The market seems to think enough time has passed for Microgenix in the UK to finish it's testing and finally prove to the Chinese govt how effective their product is against SARS.

    However, the market could be wrong!!.

    The market will now wait to see if results will be released over the next few days, which means the share price will hover around 4.5 - 4.7 and possibly hitting 5c with cocky buyers. But if no results or announcement is released from here on, down it will go back to 4.1c

    In all honesty, if the Chinese are really interested in the purification system it would have been a done deal by now without the vague announcements. The truth is the Chinese are interested but at a cheaper price on producing these units. The units are too expensive and require cost cutting so they are more affordable to commerical industries.

    If they can build them at a cheaper price the Chinese will go for it, otherwise at current prices the units are not popular and viable for most.

    Cheers..
 
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