I don't expect any rockets until the first Aura IQ sale is confirmed and the market can digest the profitability of the new product and the contribution it will make to revenue/earnings. I didn't expect to dip into the mid-30s for sure, but there's not too much risk associated with the share price going lower if the stock is highly profitable, other than those old feelings of "I could have got this way cheaper" or "I could have traded short term in X and then hopped into AVA later!".
The market is crazy on AVA... I'm happy to keep buying until the stink wears off the stock.
AVA chart, page-428
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Last
11.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $31.84M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.0¢ | 11.0¢ | $4.318K | 39.25K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 147235 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| AVA (ASX) Chart |