AVE 50.0% 0.3¢ avecho biotechnology limited

who says prophase is dead and buried ??, page-7

  1. 5,792 Posts.
    lightbulb Created with Sketch. 735
    Thanks Jeva.

    So it looks like that Ted and co are focused on developing their company around Cold-eze, with expansions on developing new different range products a low priority.
    Fairly understandable.

    However, that is the first time I have heard that they are looking into possibily incorporating TPM into their cold-eze tablet range (which are homeopathic).
    No complaints on this one from me, as it is probably better that pro-phase work to their strengths and the larger globals work on the personal care and acne products.

    From the 2010 financial report revenue from sales were around $14m. However this report also indicated that the hurdle to developing new products was the significant costs of trials especially for prescription products.

    Going on all this, our hope is that Prophase look at incorporating TPM into cold-eze, and we derive a smallish yearly royality.

    Not dead and buried, but still in need of CPR.
    Coldeze with TPM could be a small income bonus for us, but remember this has cost us nothing and put a few million into the coffers.

 
watchlist Created with Sketch. Add AVE (ASX) to my watchlist
(20min delay)
Last
0.3¢
Change
0.001(50.0%)
Mkt cap ! $9.507M
Open High Low Value Volume
0.3¢ 0.3¢ 0.3¢ $1.783K 594.3K

Buyers (Bids)

No. Vol. Price($)
60 96365901 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 21872826 7
View Market Depth
Last trade - 16.10pm 11/07/2024 (20 minute delay) ?
AVE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.