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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
Bullboard Posts
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(5)
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Comment by Just2017on Aug 19, 2017 11:12am
178 Views
Post# 26599467

RE:RE:Should be heading back to 60 cents by August 30th

RE:RE:Should be heading back to 60 cents by August 30thSo EPS moved from -$0.51 -> -$0.30 -> $-0.32 -> -$0.10 ->-$0.02 (Q2 2017) on quarter over quarter, which is major improvement. Not sure if EPS has anything to do with this. Also, unlike previous quarter (which was also healthy quarter), we saw major spike from the results, which is a postive sign. From looking at $ and future outlook, the risk of downward trend is very minimal.

Anyways I expect gross margin to improve as they minimize work from thrid party contractors, which may lead to improvement in EPS. 
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