tobagojack the point that i was trying to make is that this is an important time for investors and Avexa as most deals happen around phase 2.
In regards to valuation you will need to do a DCF analysis like ABN Amro or Huntleys etc in order to come up with a creditable figure. Perhaps have a look at what they have got to say and then make up your mind.
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- dont underestimate importance of phase 2
dont underestimate importance of phase 2, page-7
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