While this is not Aura IQ these are lucrative wins with GP margins of 80%!!! It also boosts the credibility of the business to go after more military/defence work.
AVA remains massively under valued - imo. Investors will look back in a few years and wish they could buy more at less than $1 let alone at 60c
Remember the market cap is <$150m, for a high growth, high margin, profitable business with a meaningful competitive advantage in a growing industry.
Oh yeah, it’s also product and geographically diversified, management have lots of skin in the game and it also pays dividends.
There’s also limited fund ownership outside of DMX, just one broker covers it and it’s not in any key indices like the ASX300. So while we think we know the business it still remains relatively unknown, which points to HUGE upside when it gets discovered.
Ann: FFT awarded Multi-base Air Force Contract, page-18
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Last
10.3¢ |
Change
0.003(2.50%) |
Mkt cap ! $29.73M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.3¢ | $4.867K | 47.48K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 345 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 177529 | 7 |
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| Last trade - 11.18am 06/09/2024 (20 minute delay) ? |
| AVA (ASX) Chart |