FA Thread

Thought i would start this thread as there isn't much activity regarding this micro cap biotech considering the amount of broker attention that its getting at the moment. Information is a bit scarce as they have not had many updates since they changed there name from AVX last December.

Market Cap : $6.6 mil @ 3.3 cents per share.
Cash on Hand : $1.5 ( according to last 4C )
Cash burn rate considerably low compared to there peers who are in the same space.
Shares on Issue : 202 mil
Top 20 own : 50 percent, however i suspect with the recent activity this is alot higher now.
Grey Innovations the guys behind the technology development are the number 2 share holder, who is also an executive director of NHL.

The product : TALI
Websites : http://talihealth.com/ :::: http://novitahealthcare.com.au/

The market cap and potential for this company has considerable upside with a current EV of roughly $5 million.

Multiple brokers have been loading up on this since the start of the year, more specifically Bell Potter, however a host of other brokers have recently joined in as of 20th of March 2017 where the stock had its highest ever volume day in the 12 years its been trading on the ASX.

Given the recent activity lately i am of the opinion that things are about to get serious for this company and we should expect to see some contracts, revenue and sales figures coming through very soon.

I will provide some more technical details at the bottom of this post..

Information below sourced from Investor presentation in July 2016 under the ASX code AVX before it changed names to NHL in December 2016.







Obviously alot has happened for this company since then and there have been a few articles late last year talking about TALI

The following youtube video gives a good insight into the software and how it can work in the real world.



A couple of articles
http://talihealth.com/tali-receives-special-commendation-at-bhert-awards/
http://www.monash.edu/monash-magazi...ying-attention-in-the-wonderful-world-of-tali

The article which maybe of most importance was the recognition by the Australian Prime Minister

http://novitahealthcare.com.au/tali...-he-seeks-out-leading-australian-innovations/



A couple of brokers have been slowly accumulating this stock with an icerberg order ever since i started watching it at the beginning of January. Any time a buy order would go ahead of the icerberg, the icerberg would automatically jump up to the same price. I believe it was originally accumulating around 3 cents. But once a few buyers turned up back near the start of January it sat at 3.4 lapping up everything it was given. It then disappeared and the share price drifted between 2.9  and 3.3 with off screen buys instead. Then all of the sudden we get a massive spike on 20/01. Once the price got to 3.4 Bell Potter hoovered up every share off screen it could get at 3.4 from Wilson HTM Ltd.

Broker data and charts

Broker data since 01/01/2017


Broker data only for this Monday where it traded 15.8 million units on the ASX ( sorry no ChiX data )

Of that 15.8 million units, 9 million units all picked up and held by brokers no selling except a little from state one, but that's not unusual for them

The data for this day alone is absolutely insane!



Chart with a few comments.



I will leave it at that, as im sure there are other more savvy FA folk out there who will find all kinds of great stuff about this company that has flown under the radar for a very long time.

Cheers