AVE 0.00% 1.6¢ avecho biotechnology limited

the sky is blue not grey, page-3

  1. 5,893 Posts.
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    Not to worry gc

    It's human nature to want to make sense of things - especially when they don't APPEAR to make sense.

    The gap is now closed, perhaps it was inevitable that it would be.

    However looking at the market depth, one has to ask.
    Why are there still so many sellers at .145 and .15

    I can only come up with two scenarios.

    1. There's still profit taking from the .09 placement


    2. There is another imminent placement on the way to further the market expansion of Elixia/Bodyshaper.

    The fact that POH seems like such a good story on so many fronts just confirms my suspicions that what is happening now share price wise, is related to past and/or future capital requirements to further growth of this company.

    If that is the case, it is almost inevitable that the short term beneficiaries will be instos and sophs - and not the likes of the rest of us.
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