AEV 4.76% 1.1¢ avenira limited

Its worth remembering that several months ago Avenira was still...

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  1. 529 Posts.
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    Its worth remembering that several months ago Avenira was still working out how the company was going to progress towards some sort of commercial operation. The same board was running the company, and always a failed capital raising away from administration. All they had was company updates and forward-looking announcements. Just the same as every other speculative company with no revenue and no clear pathway to generating revenue.

    Now they have financial backing, a new board and a partnership with a company that has a plan for the resource. Most likely they have an action plan and a strategy in place to implement that plan. They have no need to drop announcements updatiing the market on what they propose to do; they are most likely working on implementing the commercialisation strategy and when something material needs declaring, they will declare it. Don't take their silence as an indicator that things have stalled or going backwards. The opposite may be true.
 
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