Ann: Quarterly Activities Report & Appendix 4C, page-4

  1. 40 Posts.
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    We're on the precipice ladies and gentleman!
    • Revenues up 140% quarter on quarter
    • $3m cash balance at the end of the quarter
    • $1.3m from R&D refund and $500K director participation to be received this quarter
    • Company confident of new customers in next 2 quarters

    This is one of the great high growth tech stories on the ASX. For those you whinging about cash burn and raises you clearly don't understand high growth companies. AV1 is rightly investing in their growth and every recent raise has been at significantly higher SP to the one preceding. If revenues keep climbing at this rate the next raise will be at 40c.

    This is world leading tech addressing a significant unmet need.

    We're going bang.

 
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