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5.8¢ adveritas limited

Its crazy cheap market is insane when you look at bub rev still...

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>Russ<

6,439 Posts.

42

28/07/17

15:54

Post #: 26145507
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Originally posted by R3N ↑

The company is doing all the right things in my book. Management appear to have a long term view. The likes of Lee Hunter and Renaud Besnard have seen it all before, and being on the other side of the table now they know what the big boys want to see in return for a slice of their massive advertising budgets.

Over the last FY the company has been tweaking a few things here and there, and readjusting their focus. With their 4 pillar growth strategy now in place the company is focused and have communicated clear and defined objectives to the market. They are doing what they have said they would. APAC operations up and running by the end of this CY, should start to see revenue contributions within the last half of FY18.

Whilst the market reactions can be frustrating and illogical, I'm in this for the long haul. Will revisit this post in a year, but calling FY18 revenues of $48-50m!

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Its crazy cheap market is insane when you look at bub rev
still knew if rev was down there was gunna be sellers but though some buyers might step in if they showed a profit; anyway shows I know less than nothing
Keeps going down might be able to get my avg down a bit but a fair way to go yet

TMP Price at posting: 28.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 5.8¢		Change 0.001(1.75%)		Mkt cap ! $45.74M

Open	High	Low	Value	Volume
5.8¢	5.8¢	5.8¢	$3.157K	54.43K

Buyers (Bids)

No.	Vol.	Price($)
2	77722	5.7¢

Sellers (Offers)

Price($)	Vol.	No.
5.9¢	57000	1

View Market Depth

No.	Vol.	Price($)
2	77722	0.057
2	205000	0.055
1	24905	0.054
1	1000000	0.008
0	0	0.000

Price($)	Vol.	No.
0.059	57000	1
0.060	230220	2
0.065	200	1
0.070	125000	2
0.072	40000	1

Last trade - 15.57pm 29/08/2024 (20 minute delay)

AV1 (ASX) Chart