This is very positive news and they finally seem to be heading in the right direction. The next crucial piece of information will probably be in a month or so to see the impact that the sales increase/manufacturing relocation has on their cash position.
Real sales growth from real products - just needs confirmation of positive cash generation and operational profitablity before I believe a significant market re rating from current low capitalisation levels. This still may be a few qtrs away.
I added to my holding today.
This is very positive news and they finally seem to be heading...
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Last
$2.65 |
Change
-0.010(0.38%) |
Mkt cap ! $183.5M | |||
| Open | High | Low | Value | Volume |
| $2.68 | $2.68 | $2.64 | $145.1K | 54.70K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2579 | $2.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.70 | 315 | 2 |
View Market Depth
| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| AVH (ASX) Chart |