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.
Id have to agree that this is a good result. And I would have...
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Last
12.5¢ |
Change
-0.003(1.96%) |
Mkt cap ! $36.2M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 12.5¢ | $30.54K | 237.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 545888 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 124729 | 4 |
View Market Depth
| Last trade - 14.42pm 10/05/2024 (20 minute delay) ? |
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Last
12.5¢ |
Change
-0.003 ( 3.85 %) |
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| Open | High | Low | Volume | ||
| 13.0¢ | 13.0¢ | 12.5¢ | 31460 | ||
| Last updated 14.51pm 10/05/2024 ? | |||||
| AVA (ASX) Chart |