For what it's worth, I like it. Yes, all the usual criticisms - dilution, big discount tomarket etc. etc, but what else were they to do? La Jolla served a purpose, but the end-result was always to keep a lid on the SP as they recouped their funds by selling on-market.
I'd much prefer AVH to be well-capitalised and moving forward. Management can now be fully focussed on doing the business of turning Avita into the world-leading regenerative medicine company it deserves to be. Now we'll the SP react positively to good news on trials etc, and more impoartantly, hold the gains. Still a ridiculously small market cap for what is world-beating IP.
If anyone doubts this, BioShares reported this week that Shire PLC, a $51 billion dollar outfit, recently stumped up US$750 million in an all-cash bid for Advanced Biohealing, in a move to the field of regenerative medicine. AB sells Dermagraft, a bio-engineered skin substitute wound healing product from J&J. The move by Shire gazumped Advanced Biohealing's plans for an IPO which valued the company at US$600 million.
And to think AVH carries a current market cap of just A$15 million.
- Forums
- ASX - By Stock
- trading halt - capital raising
For what it's worth, I like it. Yes, all the usual criticisms -...
-
- There are more pages in this discussion • 1 more message 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 AVH (ASX) to my watchlist
(20min delay)
|
|||||
Last
$2.70 |
Change
-0.050(1.82%) |
Mkt cap ! $186.3M |
Open | High | Low | Value | Volume |
$2.67 | $2.71 | $2.64 | $430.6K | 160.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 15718 | $2.69 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.70 | 97 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 15718 | 2.690 |
2 | 2024 | 2.670 |
2 | 13386 | 2.660 |
1 | 10000 | 2.650 |
6 | 48194 | 2.640 |
Price($) | Vol. | No. |
---|---|---|
2.700 | 98 | 2 |
2.710 | 6334 | 4 |
2.720 | 8030 | 3 |
2.730 | 30 | 1 |
2.740 | 5000 | 1 |
Last trade - 15.57pm 21/08/2024 (20 minute delay) ? |
Featured News
AVH (ASX) Chart |
The Watchlist
CC9
CHARIOT CORPORATION LTD
MD - Shanthar Pathmanathan, Geologist - David Trabert
MD - Shanthar Pathmanathan
Geologist - David Trabert
SPONSORED BY The Market Online