AFT Pharmaceuticals

[ronaldson]

Hard to say, but demand on the Buy side has evaporated. Looking at the book at market close today it seems likely to fall further next week.

It has been said on this thread that AFT is a "pop and flop" stock, and the fall in February has been quite sharp despite the most recent announcements.

This is a share that has had my attention for some time. I would be happy to buy the dip again in the low 330's if it goes there.

[Mel]

Hard to say, but demand on the Buy side has evaporated. Looking at the book at market close today it seems likely to fall further next week.

It has been said on this thread that AFT is a "pop and flop" stock, and the fall in February has been quite sharp despite the most recent announcements.

This is a share that has had my attention for some time. I would be happy to buy the dip again in the low 330's if it goes there.

It's got there, much to my chagrin!

[ronaldson]

Mel - Not with good Sell side volume, and I was/am temporarily out of firepower anyway. Not yet time with this stock to look for life support, so no worries for you. It's a good investment for the longer term IMO.

[Mel]

Mel - Not with good Sell side volume, and I was/am temporarily out of firepower anyway. Not yet time with this stock to look for life support, so no worries for you. It's a good investment for the longer term IMO.

Yes, that's my perspective on it also (not that I've got much choice)!

[Rawz]

that note from Jarden really killed the SP huh.

was plodding along nicely mid-high $3 range with 50day above 100 day ma.

Now its not looking too good with sp < 50dma < 100dma < 200dma

[percy]

that note from Jarden really killed the SP huh.

was plodding along nicely mid-high $3 range with 50day above 100 day ma.

Now its not looking too good with sp < 50dma < 100dma < 200dma

Yes things taking longer to happen.
But they will happen.
I continue to hold.

[Rawz]

FPH aim is to double revenue every 5 years.
AFT doubles revenue every 5.5 years (based on its 15 year CAGR).

Wow AFT should be $7

[Mel]

Maxigesic Rapid tablets gain US FDA approval:

https://www.nzx.com/announcements/407693

[percy]

Maxigesic Rapid tablets gain US FDA approval:

https://www.nzx.com/announcements/407693

Another very positive announcement.

[trader_jackson]

AFT have a strong track record of growth... a low share price usually doesn't last, today's announcement reinforces both these points