AVA 4.55% 10.5¢ ava risk group limited

Ann: AVA to present at NWR Virtual Investor Conference, page-8

  1. 51 Posts.
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    Just watched the recording, and I am very pleased to hear some new information from Rob. There was a new slide in the presentation:
    https://hotcopper.com.au/data/attachments/2624/2624121-65abf7dfdcd428bda5ba9bcc3743f8db.jpg

    The AURA fibre technology has many applications, and correct me if i am wrong, but he did mention that they are in contact with many of their big partner clients. Hopefully, we hear news about some new contracts soon. I don't think he would include this slide in the presentation if they aren't already in contact with some big clients for all the mentioned applications.

    Last thing he said: "Increases in recurring revenue is a BIG focus of the company" - they are pretty much ready to commercialise Aura IQ, and they expect to see the start of recurring revenue in FY2021.

    Big year ahead for AVA. I wouldn't want to miss out on this ride for sure.
 
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