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Avecho Biotechnology Ltd V.AVE


Primary Symbol: AVEFF

Avecho Biotechnology Limited is an Australia-based biopharmaceutical company. The Company develops and commercializes human and animal health products using its drug delivery system called Tocopheryl Phosphate Mixture (TPM). TPM is derived from vitamin E using patented processes. The Company's segments include Production and Human Health. The Production segment manufactures and sells TPM and Vital ET for use in drug delivery and cosmetic formulations. The Human Health portfolio covers delivery of pharmaceutical products through gels, injectables and patches, including conduct of research and development activities. The Company's products pipeline includes Weaner Pig Starter TPM Premix, Poultry TPM Premix, Dairy TPM Premix, Daptomycin, Propofol and Veterinary Applications. The Company is also developing TPM to enhance feed efficiency and the health of livestock. Its TPM products are commercialized under license: Voveran TPM Gel, Instanac TPM Gel, Vital ET, and Ashland TPM.


OTCPK:AVEFF - Post by User

Bullboard Posts
Comment by 93Darkhorse93on Apr 27, 2017 9:22pm
108 Views
Post# 26177266

RE:RE:RE:RE:RE:RE:Baker Hughes Rig Count up Another 5 Rigs to 688..

RE:RE:RE:RE:RE:RE:Baker Hughes Rig Count up Another 5 Rigs to 688..

See but I think the story has been de risked due to the equity raise. There is no balance sheet risk or credit risk, that’s what I don’t get


Its less about oil price more about North American Oil and Gas Production. For the first time in 8 years you have US government on your side with the EPA out of the way.  As the US proceeds the process to export Nat Gas their Utica business has a lot of upside as well.  Drill Baby Drill.  The cash costs of production has been reduced so low that as long as WTI is above 40.00 production and rig count should maintain strong.


One more thing for the night.  The more efficient horizontal drill rigs depletion rate is a lot quicker than the older traditional rigs.  Resulting in a lot more movement and transportation of assets as wells get depleted a lot quicker which is nothing but a net positive for AVE.V as the chess pieces are rotated around the oil fields.




Bullboard Posts