AVH 0.53% 47.8¢ avita medical ltd

2010 - the year for avh

  1. 7,545 Posts.
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    Just rehashing what I wrote a month or so ago.

    I reckon this year we willo finally get FDA approval. I wouldn't be suprised to see a massive order from the USM upon approval and the SP up around the dollar mark.

    Big call?

    maybe, but the potential is there and I will continue to accummulate on anticipation of FDA approval (and all the other announcements in between)

    90 million shares on issue

    5 million in the bank

    money coming in from sales

    costs slashed

    manufacturing costs continually being cut down

    clearences in Japan, China, France etc...

    Heads of medical hospitals/universities right behind this (proven) technology

    Continually being awarded grants for research

    line of credit established.

    No debt

    The only company in the world that employs this technology..

    MC of around 16 million

    Sales and marketing ramped up big time
 
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