AVA
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4.35% 9.6¢ ava risk group limited

they will need more working capital and want to issue more...

  1. hamish$invest
    2,118 Posts.
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    28/03/24
    09:35
    Post #: 73097165
    they will need more working capital and want to issue more shares.. as after this point SP will be nowhere near to .13

    I have a gut feeling that they have realised their mistake of not keep giving dividends but keep Cash to increase SP..

    market cap has to be Cash backed at-least 25% of market Cap.

    Capital raise will be between 7-10 mil

    DYOR
    AVA Price at posting: 16.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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