AVA 0.00% 11.0¢ ava risk group limited

Ann: $1.8m million Multi-Site Rail Contract Award, page-44

  1. 1,680 Posts.
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    I have to agree the special divi is a warning sign. They should just use the extra cash to put back into getting Aura-IQ up and running or accelerating new business opportunities at the very least to fill the IMOD gap.

    Although it looks currently oversold (and I'm not going to get sucked into selling on such a red day) it would be good if the CEO would see the share price dip to buy shares "on market" and improve investor confidence. As a holder it makes a big difference in sentiment. Just look at DTL as an example where one of the directors bought while MUFG are still short selling the stock.

    I'm not trying to downramp as I am a holder and I'm not going to be brave by topping up here as I've mentioned I have capital to allocate elsewhere where rewards look better. But this is unfortunately the reality we are facing.

    Meanwhile I think I'll continue to hold. I know hope isn't a good thing but maybe their cool tech might produce a miracle in a few months.
    Last edited by edgck: 26/03/21
 
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