EMVision Medical posts over 15% gains at open.

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EMVision Medical Devices Limited (EMV) has made quite the entrance to the ASX today, kicking off trade at 2pm.

The market sensed this was going to be good thing and the interest translated directly into gains as prices opened at 29 cents, 16% above the 25 cent ask.

Unsurprisingly, allocations were tough to get, but don’t despair if you missed out as many believe the best is yet to come. EMVision continues to gain interest and funding from a number of sources, including the government, and the strong executive team has a history of performing well.

We’ll be watching this one with great interest on the Scorecard, congratulations to those who got an allocation.