AVA 8.33% 11.0¢ ava risk group limited

Ann: Indian MOD Data Network Protection Project Update, page-8

  1. 388 Posts.
    lightbulb Created with Sketch. 75
    Indeed...... I'm waiting for the conveyor fibre integrity business to come about. I think that it's going to be a winner. I have a mate who works for one of the big 3 miners as a project manager and they are all looking at it now (Not specifically AVA) but it is going to go gangbusters. Stopping a conveyor loses tens/hunderds of thousand of tonnes of throughput and to have the bonus of early detection of bearing/rollers potentially failing, gives them the opportunity to replace quickly, rather than repair expensively in terms of time and money.
    I personally don't see another CR in the short term, unless they win a major supply contract requiring high upfront manufacturing costs. the rest of the business is providing the working capital at the moment. Having said that, if they do win a mega contract, I'll be more than happy to buy some more stock when offered retail.

    GLTAH
 
watchlist Created with Sketch. Add AVA (ASX) to my watchlist
(20min delay)
Last
11.0¢
Change
-0.010(8.33%)
Mkt cap ! $31.84M
Open High Low Value Volume
11.0¢ 11.0¢ 11.0¢ $996 9.053K

Buyers (Bids)

No. Vol. Price($)
4 26255 11.0¢
 

Sellers (Offers)

Price($) Vol. No.
12.0¢ 83591 5
View Market Depth
Last trade - 16.10pm 05/07/2024 (20 minute delay) ?
AVA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.