Fundamentals analysis of AVW and why their trajectory..Even when...

Fundamentals analysis of AVW and why their trajectory.

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Even when lithium prices were high they AVW failed to make and profit.
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The NPAT (Net profit after tax is around -12.9 million in june 2023, in june 2023 they has just 10.7 million.
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With flat revenue at 0.178 million in june 2023 and hemorrhaging cash at a rate of -12.8 million last quarter how long before they have to do another capital raise . With lithium prices they will have to offer issued shares at significantly below market price.
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This cash will run out in within a 9 months without another Capital raise and then their will be series of share price destruction, as CR after CR destroy investor investment.
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Lithium prices continue to fall on the trailing side of the Lithium bubble .
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Meypersonal sentiment SELL, i am a amateur who see no future value in AVW.
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Even david deloub who took over this loss making entity could not save it from its intrinsic trajectory.
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