I certainly don't agree on the redomicile. If I was on a green or neutral i would have sold out when the announcement came out. Like I said I bought it in the 70cents mark so was at loss on the news. Plus the cel selling his shares doesn't help. I know i am not comparing apple to apples but most health stock have rebounded to close to 50 percent from their high. E.g. MSB, paradigm and polynovo. I know some would say AVH have risen by 700 percent since 2018 but so did every of those shares before covid pandemic
If we look at the chart for AVH it reach a high of 80cents. We are close to 39 cents atm if we don't do the conversion. I am not saying we should reach a new high but seeing it drop more than rise since the redomicile news is released doesnt provide a lot of confidence. Anyway this are just my thoughts. I could be wrong and certainly very much hope I am wrong. But the SP is certainly telling me a different story
AVH Price at posting:
$7.88 Sentiment: None Disclosure: Held
