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0.3¢ avecho biotechnology limited

or they are simply hot air to begin withthat's my pick

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JamesPender

1,866 Posts.

165

31/01/23

21:02

Post #: 65989519
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Originally posted by FrankieAlfie: ↑

On the 2nd of feb 2022 the company stated that its agreement, which was in effect immediately, would result in team Saas paying $1 million within the first 12 months. Followed by $2.5 million in two years.
there are two possible outcomes, either the money has been paid or it hasn't. Either is a price sensitive announcement and share holders should be informed about the current situation.
Avecho has not met its obligation for continuous disclosure. And should be reported as failure to inform shareholders of a material change.
this is a massive red flag as it shows that these "deals" are worth very little and potentially Avecho management are not doing their due diligence on partners they are signing with or they are signing agreements that are not legally binding.

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or they are simply hot air to begin with
that's my pick

AVE Price at posting: 1.3¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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(20min delay)
Last 0.3¢		Change 0.000(0.00%)		Mkt cap ! $9.508M

Open	High	Low	Value	Volume
0.3¢	0.3¢	0.3¢	$5	1.804K

Buyers (Bids)

No.	Vol.	Price($)
39	64544237	0.3¢

Sellers (Offers)

Price($)	Vol.	No.
0.4¢	39319923	21

View Market Depth

No.	Vol.	Price($)
38	60881237	0.003
25	69235176	0.002
11	58000009	0.001
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.004	39319923	21
0.005	52904777	24
0.006	22847675	16
0.007	9565420	9
0.008	6483888	6

Last trade - 15.42pm 27/05/2024 (20 minute delay)


Last 0.3¢			Change 0.000 ( 14.3 %)
Open	High		Low	Volume
0.4¢	0.4¢		0.3¢	1252005
Last updated 15.21pm 27/05/2024 ?

AVE (ASX) Chart