Australia's largest stock trading and investment forum Australia's #1 stock forum

AVA

Click for more information

8.70%

12.5¢ ava risk group limited

I will 2.2x my holdings in a few days. I'd like to see it...

First 48 Last

Share
Profile

Follow
rawrb3rt

1,691 Posts.

38

13/07/20

19:21

Post #: 45835089
Share

Originally posted by Access2020: ↑

Loving this weakness. Doubled my holdings.

By my estimates this business will generate over $6m in NPAT in FY21. The business has already invested heavily in aura, is relatively capital light and has no debt.

So either they keep reinvesting for growth to generate even higher returns or we start to see some form of capital management to reward holders.

Remember David Cronin, the chairman, has over 32m shares so would be very much rewarded with a dividend. And who makes a call on whether to pay a dividend? Well it’s the board of course, and he runs the board. I wouldn’t be surprised to see a dividend being paid for the FY21 year.

Let’s see how it pans out.

Expand

I will 2.2x my holdings in a few days. I'd like to see it settle high 70s to low 80s for a couple more days.

AVA Price at posting: 16.0¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

DRO

Droneshield shares move up on $13.5M US govt contract

OCC

Orthocell wins first international approval for nerve repair product

TMK

TMK Energy kicks off drilling for new pilot wells in Mongolia's vastly underexplored Gobi

WAF

West African Res jumps on claim mine safe under Burkina Faso's junta; HotCopper ponders Russia

ASX Market Open: Tech stock rally pushes Wall Street and ASX200 higher | October 9, 2024

There are more pages in this discussion • 36 more messages in this thread...

First 48 Last

Add AVA (ASX) to my watchlist

(20min delay)
Last 12.5¢		Change 0.010(8.70%)		Mkt cap ! $36.26M

Open	High	Low	Value	Volume
11.5¢	12.5¢	11.5¢	$18.94K	157.3K

Buyers (Bids)

No.	Vol.	Price($)
1	9081	11.0¢

Sellers (Offers)

Price($)	Vol.	No.
12.5¢	23364	2

View Market Depth

No.	Vol.	Price($)
1	9081	0.110
2	25017	0.105
2	30000	0.100
1	5120	0.098
1	50001	0.097

Price($)	Vol.	No.
0.125	23364	2
0.130	54527	1
0.135	266772	5
0.140	178771	1
0.145	6903	1

Last trade - 16.10pm 08/10/2024 (20 minute delay)

AVA (ASX) Chart

SPONSORED BY