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Ann: H1 FY2024 Results Announcement, page-31

  1. SteveSage
    2,938 Posts.
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    04/03/24
    11:01
    Post #: 72728145
    its an update on the business and alludes to improved business rather than material

    This is the sentence that got Ava in trouble: "The agreement is material to Ava Risk Group" with emphasis being mine.

    If they had just said that this is the first telecommunications deal and a potential entry into an adjacent market then I suspect there would have been no issue.....the underlying question is how can you claim this is material if you have no confirmed $$ amount, timing etc etc
    AVA Price at posting: 16.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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