Ellex has the potential to be a stellar stock. There are several drivers of medium term share price growth
1. Growing sales of its traditional products such as ultrasound, photodisruption and SLT. This will be further enhanced by a rapidly growing presence in China
2. The move to new facilities and production capacity expansion (early 2017)
3. A likely fall in the AUD over the next two years
4. The growing acceptance of itrack. Glaukos (NASDAQ: GKOS) has a similar but probalby inferior product as their main item. Yet this company has a capitalisation of over $Au 1.5 billion
5. The likely success of 2RT. Early trials are positive. If the 3 year results (due out in late 2018) come out positive then this would be a gamechanger for the treatment of AMDlikely valuing Ellex in the billions.
All these factors mean that Ellex could hit $2 in the next 12 months
- Forums
- ASX - By Stock
- Ellex could hit $2
Ellex has the potential to be a stellar stock. There are several...
-
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EYE (ASX) to my watchlist
|
|||||
Last
21.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $48.10M |
Open | High | Low | Value | Volume |
21.0¢ | 22.0¢ | 20.0¢ | $89.91K | 431.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 63999 | 21.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
21.5¢ | 97558 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 63999 | 0.210 |
1 | 73170 | 0.205 |
15 | 276594 | 0.200 |
4 | 122206 | 0.195 |
2 | 58636 | 0.190 |
Price($) | Vol. | No. |
---|---|---|
0.215 | 97558 | 1 |
0.220 | 107010 | 2 |
0.225 | 45409 | 3 |
0.230 | 103718 | 2 |
0.235 | 20000 | 1 |
Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
Featured News
EYE (ASX) Chart |