some big bids back in adv colltech - looks ready t

  1. 2,698 Posts.
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    I see some chunky bids are back on the board on ADV today - looks like the sellers of the last few days have been cleared out and the boys are repositioning themselves. There will be a bunch of news coming out of this one in the next few months, as they wrap up the Colltech collagen company acquisition and get the market aware of the process. Colltech has the patent on a proven process to produce high grade collagen from sheep hides - this will be an interesting new industry for WA and is potentially very lucrative.

    ADV had fallen back in the last few days on light volume and the bids were thin - this has changed and I can see there is a good depth here again. I expect to see this one pop past 10c in a hurry.
 
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