I feel now debt has been paid down to more reasonable levels and outlook looking alot better AVG should get more interest in the market.
Now with a market capitalisation of almost $107,000,000 it should get into an ASX index making fund managers have to hold it in portfolios generating more buying in the stock.
Compared to TWE AVG has a very low PE ratio and with a free trade agreement with China in place AVG should capitalise off the back of an Abbott government.
Half year result and next full year result will be a big uplift on the previous with interest saving, AUD weaker than last year and vinyard lease savings.
I believe in 12 months time AVG will be trading around 70 cents or above.
DYOR
post raising company should get re rated
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Last
15.5¢ |
Change
0.005(3.33%) |
Mkt cap ! $51.89M | |||
| Open | High | Low | Value | Volume |
| 15.3¢ | 15.8¢ | 15.0¢ | $45.20K | 292.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 96374 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 146253 | 6 |
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| Last trade - 14.49pm 16/08/2024 (20 minute delay) ? |
| AVG (ASX) Chart |