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did their initial announcement mention the term material or was...

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04/03/24

11:53

Post #: 72729627
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Originally posted by SteveSage: ↑

yes but no mention of 'material'

I suspect that mgmt tried to imply its material in relation to being an adjacent sector, but as shareholders, we saw that as material revenues (especially when you start quoting the amount of cables etc etc).

I'm speculating, but I suspect if they have just said this is what we have signed, and no reference to material anything, the ASX had no cause to penalise them (it seems a legitimate update to make to the market.......the core of the issue is all of us assuming it will materially lift earnings, and there is no evidence in terms of signed contracts etc with definative numbers that can point to that)

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did their initial announcement mention the term material or was it only the ones that were subsequent to queries from ASX?

AVA Price at posting: 16.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 12.0¢		Change -0.005(4.00%)		Mkt cap ! $34.74M

Open	High	Low	Value	Volume
12.5¢	12.5¢	12.0¢	$5.28K	43.16K

Buyers (Bids)

No.	Vol.	Price($)
12	551606	12.0¢

Sellers (Offers)

Price($)	Vol.	No.
12.5¢	5764	2

View Market Depth

No.	Vol.	Price($)
12	551606	0.120
2	18695	0.115
3	36505	0.110
3	88580	0.105
6	101200	0.100

Price($)	Vol.	No.
0.125	5764	2
0.130	523480	14
0.135	282000	5
0.140	193562	2
0.150	223110	3

Last trade - 15.32pm 13/06/2024 (20 minute delay)


Last 12.0¢			Change -0.005 ( 4.00 %)
Open	High		Low	Volume
12.0¢	12.0¢		12.0¢	10000
Last updated 13.16pm 13/06/2024 ?

AVA (ASX) Chart