DC2, a newly listed data centre ASX company, currently trading at 38.5c, has a market cap of around $20 million, with revenues of $1.8 million in FY20.
AVA, on the other hand, currently trading at 66.5c, has a market cap of around $140 million, with FY20 revenues of $46 million.
DC2 market cap = 10x revenue
AVA market cap = 3x revenue
If AVA's market cap reaches 10x revenue, that is a SP of ~$2.2. Even if we reach 5x , that's a SP of $1.1 which is very possible in the short term IMHO. I know DC2 just got listed, and it is still early days for them. But, it makes me think how undervalued AVA is compared to some of the other tech companies.
DYOR.
AVA $2.35 price target, page-33
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AVA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
14.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $40.61M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.0¢ | 14.0¢ | $59.13K | 422.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 319859 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 93545 | 2 |
View Market Depth
| Last trade - 15.45pm 18/10/2024 (20 minute delay) ? |
| AVA (ASX) Chart |