I think this stock has amazing potential but unfortunatley the SP is a bit of a rollercoaster (we were close to 27c only a few months ago)and 13c a few months before that.
However their are so many watershed moments coming that could light a bit of a rocket under this...
1. once they have china pricing sorted (there not getting any income at the moment), this could be signficant
2. Middle east sales improving
3. Eurpean distribution channels kicking in and..
4. The big one FDA approval (however I'm expecting milestone annc's as we get closer to trials completing that will point to sucessful outcome)
So a few major milestones ahead of us and I'm quite pleased they are "investing" signficant marketing dollars in getting their channels up and running. Some glass half full might say its too much, but I bet if we weren't spending to get sales then some pundits would criticise that as well. Damned if they do, damned if they don't!
Anyway rather be in than out at the moment.
GLA
Maddoc
I think this stock has amazing potential but unfortunatley the...
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Last
$2.38 |
Change
-0.020(0.83%) |
Mkt cap ! $157.8M | |||
| Open | High | Low | Value | Volume |
| $2.39 | $2.40 | $2.34 | $555.9K | 234.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $2.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.38 | 9731 | 1 |
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| Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
| AVH (ASX) Chart |