AVA 4.55% 11.5¢ ava risk group limited

Ann: Cleansing Notice, page-46

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  1. 16,933 Posts.
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    @zhanginu

    Thanks.

    I see the author provides for scope for some $18m of receipts from the Indian Ministry of Defence, which I didn't even think to include. (Not that I don't believe them to be forthcoming; I simply failed to include them as an act of omission.)

    Also, his summary of the somewhat chequered history of the company provides some much-needed balance to the positive story.

    After all, this company has been a serial disappointer and a bit of a "gunnah" stock for many years, which bears remembering when, for example, it comes to portfolio sizing.

    It's not nearly a risk-free investment and the delivery of shareholder value upside is contingent on a few planets lining up, some of them outside of the control of the company's managers.

    .
 
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