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Avecho Addresses ASX Price Query Amid Speculation on CBD Trial Milestone

1:11pm on Friday 14th of February, 2025 AEDT Biotechnology
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Avecho Addresses ASX Price Query Amid Speculation on CBD Trial Milestone

1:11pm on Friday 14th of February, 2025 AEDT
Key Points
  • Avecho denies any undisclosed material information affecting recent share price
  • Trading activity possibly driven by speculation on Phase III CBD insomnia trial results
  • Company confirms compliance with ASX Listing Rule 3.1
  • Board-authorised response aims to reassure investors amid heightened trading volume
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