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

AVA

Click for more information

1.96%

12.5¢ ava risk group limited

Doesn't matter, if the sp dropped to 15c level, I'll...

First 16 Last

Share
Profile

Follow
fcmaster26

892 Posts.

95

29/08/23

14:14

Post #: 69613645
Share

Originally posted by spider5: ↑

I agree the price movement does not make any sense but I can see why it might not make sense. The small cap market has not been rising despite the ASX 200 making progress the last few days. In the small cap segment the market sentiment seems to be more or less as I posted previously - "show me the money now". If it is not apparent that there is some immediate return then in almost every case the uncertainty prevailing in the macro market will trump positive rhetoric about guidance and outlook. AVA is not the only one suffering this trend despite reasonable potential and future metrics improvement. The outlook here was quite positive without giving any dollar figures but I think AVA holders have seen this language before and are aware that updates are often a long way apart and have not met the outlook sentiment that was expressed. Personally I am sitting underwater on what I have got and would only move forward when I see that the progress matches the rhetoric and is consistent. In this market consistency is an important element in overcoming the uncertainty.

Expand

Doesn't matter, if the sp dropped to 15c level, I'll get another 100k shares.

AVA Price at posting: 18.5¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

First 16 Last

Add AVA (ASX) to my watchlist

(20min delay)
Last 12.5¢		Change -0.003(1.96%)		Mkt cap ! $36.2M

Open	High	Low	Value	Volume
13.0¢	13.0¢	12.5¢	$30.54K	237.2K

Buyers (Bids)

No.	Vol.	Price($)
7	545888	12.5¢

Sellers (Offers)

Price($)	Vol.	No.
13.0¢	124729	4

View Market Depth

No.	Vol.	Price($)
7	545888	0.125
13	380764	0.120
2	60000	0.115
3	23899	0.110
1	10000	0.105

Price($)	Vol.	No.
0.130	124729	4
0.135	243253	6
0.140	299937	7
0.145	78566	3
0.150	247809	5

Last trade - 14.42pm 10/05/2024 (20 minute delay)


Last 12.5¢			Change -0.003 ( 3.85 %)
Open	High		Low	Volume
13.0¢	13.0¢		12.5¢	31460
Last updated 14.51pm 10/05/2024 ?

AVA (ASX) Chart