I have the following stocks on the move to watch/possibly buy (& buy more in some cases)
AVH, THR, LEG
AVH: If is can pass resistance at 26 Blue Sky. A "write up" in the AFR Paper -Media Attention of this little Gem.
SFX: There are no sellers virtually recent announcement of Maiden resource 4.4 Billion Tonnes, tightly held stock.
LEG: Sale of Mount Gibson, now cashed up to 17 million thats heaps for a 2.5 cent stock, plenty of Iron there Melombo East be it magnetite which may be becoming more popular anyway!
THR: This one is moving Technically, seems to have reached a bottom and lots of talk of JV floating.Yes it ran on little volume to 2.8 cents but if that goes it might run a lot lot further.
Avita Medical (AVH)
Avita Medical’s share price has been rising rapidly since February this year and reached a high of 24¢ on Tuesday – almost double its level of 13¢ on February 13. The key catalyst for the rise has been the growth in sales of its ReCell Spray-On Skin. ReCell has been designed for use by surgeons in a wide variety of burns, reconstructive and cosmetic procedures. The treatment involves the use of the patient’s own cells, which are collected, treated and then delivered to the treatment area, all within about half an hour. The process has been gaining awareness in the medical community and has so far been used in the treatment of more than 4500 patients. The company recently reported a 242 per cent increase in ReCell revenue in the December quarter from the previous corresponding period. Recell is patented, CE-marked for Europe, Therapeutic Goods Administration registered in Australia and is undergoing phase 3 trials in the United States.
The Australian Financial Review
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- daytrading march 14 pre-market
daytrading march 14 pre-market, page-27
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