Id have to agree that this is a good result. And I would have thought it is common for a company growing to see larger growth in accounts receivable too. So it’s not surprising cash receipts are less than revenue. Well done to AVA management for the growth and hitting guidance.
my best guess on why broker coverage and market interest is low is that the market cap puts this stock outside the remit for most brokers and fund managers and many in the market have been burnt by FFT and MSP and scars take a long time to heal.
AVA Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held
