Avecho Biotechnology Ord Shs V.AVE

Primary Symbol: AVEFF

Healthcare

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

Avecho Biotechnology Ord Shs

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Comment by MuskokaJoe68on Aug 09, 2017 4:18pm

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Post# 26562952

RE:Earnings Question

That's the thing if people actually do the work and look at the balance sheet all that's there is Equipment 96M + A/R 32M vs debt 67M + A/P 23M and Equity value of 40M or 0.70/share.

Put on top of that they already preannouced April Revenue (first month in Q2) and it was higher MoM than March and the highest figure they have ever seen in a single month since the oil drawdown.

Bring it on bears I got you corned!

NEXT QUESTION...

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