AV1 3.08% 6.7¢ adveritas limited

Ann: Underwritten Rights Issue for TrafficGuard Commercialisation, page-16

  1. 293 Posts.
    lightbulb Created with Sketch. 3
    Yes looking positive .
    Will be interesting to see how it trades ex entitlement next week .
    I think 10c target easily achievable on positive progress on new clients and new strategic investors backing it.
    No guarantee they will get any stock if this strengthen continues.
    Then what ?!
    At 6 c ex issue market cap would be around $8.5 m with $6m +cash which looks totally bonkers imho .
    DYOR
 
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