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 > Did I ever call this one wrong!!

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Comment by eljoroon Nov 24, 2017 10:10am

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Post# 27025243

RE:RE:RE:RE:RE:RE:RE:RE:Did I ever call this one wrong!!

I just don't see the volume needed to get too worried. Throw in the fact that this is a wonky week due to American Thanksgiving, add a dash of tax loss selling (and there are many with losses in this one, though personally I'm still up about 43% YTD since I did most of my buying the .33-.34 region) and you get some big swings on lower volume.

Results were decent, guidance was better. The future seems brighter than the past so I doubt we fall back to the 52 week low.

Best to all,
El Joro

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