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Avecho Biotechnology Ord Shs 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

Comment by rusty777on Apr 13, 2018 5:26pm
71 Views
Post# 27882943

RE:There has to be a brokerage company holding this down

RE:There has to be a brokerage company holding this downI am not convinced wdr - the volume is too small to provide a Brokerage company any significant gain on a buy/sell transaction even if they bought and sold all the shares traded in a given day - it's more likely we have a few folks who are quite happy to hit the bid - just wish they would sell all their shares and move on - I don't think anyone is making substantial profits at these levels and the stock price won't go anywhere until whomever is selling, either gets tired and moves on, or runs out of shares,

I was hoping for a bit of a run up prior to the next quarterly report - not that it will be all that great (Management acts more like a spoiled teenager - it always seems to spend just a bit more than it takes in) but often there is a run-up fueled by those who are "hoping" this quarter might be different than the last 5.

Fingers crossed - we need the run-up  AND we need the sellers to just go away for a while - too much to ask do you think?

Cheers

Rusty


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