Good question tassieluke. And let's be honest, we don't know what the price will be tomorrow let alone next month, quarter, year etc.
Over time posts and discussions on Hot Copper with regards to AHZ originally began with 1) optimism, which then progressed to 2) Euphoria, which has now alarmingly shifted to 3) Delusion. Just look at any comments in reply to anything that is adverse to "blue sky". Peoples emotions are invested in this more than their wallets.
A market cap of $210M with sales of just over $7M and substantial losses. These guys need to start smashing out CardioCel sales because the market wont "wait a couple of years to gain CardioCel sales traction". It may be the wonderful protect to improve the quality of life for those suffering from heart defects, but without the product being sold, the numbers wont stack up for much longer. And a couple of hundred thousand dollars in CardioCel sales wont justify its market cap.
And as noted previously, the developed world is searching for a HSV "cure/vaccine" some with very deep pockets, whether it be Germany, France, Israel, Britain, USA or (as many believe a company in Malaga WA).
Just my opinion.
Good question tassieluke. And let's be honest, we don't know...
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Last
$18.00 |
Change
0.000(0.00%) |
Mkt cap ! $346.0M | |||
| Open | High | Low | Value | Volume |
| $18.00 | $18.10 | $17.70 | $58.64K | 3.27K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 109 | $18.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.10 | 700 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| AVR (ASX) Chart |