"There’s also limited fund ownership outside of DMX, just one broker covers it and it’s not in any key indices like the ASX300. So while we think we know the business it still remains relatively unknown, which points to HUGE upside when it gets discovered."
I think this point from Access2020 needs to be really highlighted because this is how retail investors have a massive advantage over fund managers. We can find and invest in companies like AVA, meanwhile many fundies have no idea this company exists and even if they do they may NOT be able to take a position yet because of their investing rules or what not.
That is why, if the company continues to grow, the share price will just keep on going for years and years. There are some fund managers who won't buy a company until the company has been profitable for at least 5 years or even longer.
Those funds will be buying AVA in 2027 when the share price is significantly higher than it is now (if everything continues to go right)
And this is also the reason I minimise my ETFs holdings.
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Last
10.3¢ |
Change
0.003(2.50%) |
Mkt cap ! $29.73M |
Open | High | Low | Value | Volume |
10.5¢ | 10.5¢ | 10.3¢ | $4.867K | 47.48K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 345 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 177529 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 345 | 0.100 |
1 | 43161 | 0.095 |
1 | 10645 | 0.093 |
1 | 220000 | 0.092 |
1 | 27000 | 0.091 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 177529 | 7 |
0.110 | 71666 | 2 |
0.115 | 47128 | 3 |
0.125 | 80189 | 3 |
0.130 | 150999 | 4 |
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