AVA 4.55% 10.5¢ ava risk group limited

Ann: Successful Completion of Oversubscribed Share Purchase Plan, page-7

  1. 2,875 Posts.
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    The volume that traded at 12.5c is not small....looks like committed seller/s

    ~1m shares traded at 12.5c and 1.6m today so someone offloading by the looks of it (although still a decent number of buyers to soak up any selling at that level)

    Can't see any change in the sentiment around this stock until they announce a decent contract (telstra or other)........another 16-20m in revenues in 2H24 is not going to change the economics of this company (still likely to be EBITDA, PBT & possibly even cashflow negative).

    Mal is going to have to deliver something other than another regular half to get confidence back into this stock and change the trajectory of the price.
 
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(20min delay)
Last
10.5¢
Change
-0.005(4.55%)
Mkt cap ! $30.4M
Open High Low Value Volume
11.0¢ 12.0¢ 10.5¢ $42.38K 371.1K

Buyers (Bids)

No. Vol. Price($)
6 309737 10.5¢
 

Sellers (Offers)

Price($) Vol. No.
11.5¢ 43343 2
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
AVA (ASX) Chart
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