AVE 0.00% 0.3¢ avecho biotechnology limited

current sp

  1. 6,013 Posts.
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    For most of the posters who frequent this forum who appear to have held this stock for many, many years what is the significance the current SP?. Does it really matter whether it is 7.5c or 5.5c or 25c? Surely the most important thing is what will it be in 12 to 18 months time when the current Phase II pain patch trials are complete, acne results are in, US mastitis trials have progressed, Novartis diclofenac situation is clearer, animal feeds and cosmetics are establishing or not.

    Or put another way, what relevance has the current SP got to do with where it will be within this timeframe? Very little IMO. The much vaunted $1 party is in the hands of how the fundamentals progress as TPM applications reach their pointy end over the next one and a half years or so and the chance of this party actually occurring bears litle relation to the current SP.
 
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