Did some research on this stock. Company bought 40%CollTech and plan to increase this to 100%. Plan to install a production facility to produce Collagen from sheep. Presentation released by the company on 13/8/03 is worth reading and outlines the project phase. CSIRO approval granted. Seems to have good prospects. I spoke to the MD about the project and raising of $3-$4M to establish production facility and schedule. Comment made is they are similar to Chemeq but obviously different product. This will be a real business as there is a demand for Collagen and if the company can implement it strategic plan then this may be worth while researching.
- Forums
- ASX - By Stock
- anyone holding
Did some research on this stock. Company bought 40%CollTech and...
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)