ALA 1.61% 15.3¢ arovella therapeutics limited

Beale I disagree with you. this was not a P&D by any stretch....

  1. 646 Posts.
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    Beale I disagree with you. this was not a P&D by any stretch. the company did not release anything which would have 'sucked in' investors only to then retract information or not meet the promise made, albeit I do understand that there have been delays. what people have to remember is that with bio stocks, particularly with retail sales of multiple products, there is no point in developing a product, putting it out on the market, selling it and then making some return, to then realize that a competitor has come in and stripped down the components to make a cheaper version and then kill off your business. SUD is expanding globally, not domestic. if it was only in Australia then yes our SP would be higher because we may have revenue coming through but you limit yourself. we are seeking to lock in contracts globally and this takes time. not only that but the most important thing is to preserve your patents. we have got patents rights stretching out to 2036. you don't do this if your planning a P&D. the only P&D was done between people on HC. this in my opinion does not even fall under the definition of P&D. people were expecting to put money in below . this takes time. the company, in my opinion, is well advanced in relation to competitors even though a lot of SH don't believe this to be the case. the company is doing all the right things by SH and is ensuring that once deals are locked in place, they will continue to generate income. I personally would rather a strategic movement into the global market rather than a quick entry to inflate the SP and then only see it to drop back down because a competitor overseas has been able to under cut us. I keep saying that you have to treat this like a business and not like going to the casino. if I had the option to buy BIT, BD1 or SUD, I would be going with SUD and this is. it being biast. no disrespect intended to holders of the other companies. I am just using these as an example. SUD is in a better position to provide you with near future income rather than the other examples. people need to go back to fundamentals and don't base their decisions on catching the next 'quick big thing'. if your a trader then absolutely, this was a good 70% + return. in a week. if you have invested however, don't get caught up with the daily SP movement. from experience believe me, a business does not sky rocket in 2 weeks. even more so when you are competing globally..... trust your own strategy and don't get swayed by others as everyone has their own agenda. know why you put money into this one and not others. does the company fundamentals stack up with your investing goals? if so, does it matter if we are back to 0.005? we could have been at 0.003. grass is greener where you water it! GLTAH
 
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