AVE 25.0% 0.3¢ avecho biotechnology limited

Did the share price run up on the back of announcements earlier...

  1. 34,916 Posts.
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    Did the share price run up on the back of announcements earlier this year or was it just speculation? I don't know the answer, but I do know that the price is basically back to where it started. Are announcements with an absence of money on the table going to see a sustained move in the share price higher? History suggests it won't.

    You're stating the obvious. Of course announcements without the absence of money is not going to see a SUSTAINED move. The idea is that announcements show progress, progress which will lead to 'money on the table'. I believe there has been substantial progress. I believe we're a good 12 months away from realising the true potential but for the reward I am happy to wait.

    In essence I think we all agree that partnering with a large player would validate the technology in the minds of most. Personally I am already convinced of the validation of the technology and its far reaching potential effects thus why I am invested for maximum share price rise benefit at a slightly greater risk.
 
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