Agreed.
The company would have a lot knowledge on potential opportunities, sales and revenue (assuming FDA approval and other milestones are met) than what the average mug punter would.
So that make the low ball 6x SP quite revealing.
Clearly the real world blue sky potential is not as great as what some might have thought, even though many are constantly trying to justify their investment decisions.
Wishful thinking only goes so far!
Ann: Long Term Incentive Plan for CEO, page-23
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Last
$3.50 |
Change
-0.150(4.11%) |
Mkt cap ! $244.5M | |||
| Open | High | Low | Value | Volume |
| $3.79 | $3.85 | $3.32 | $3.375M | 944.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $3.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.53 | 19524 | 1 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| AVH (ASX) Chart |