I know that the company are possibly on the acquisition trail at the moment, but given their recent performance and future potential with Aura IQ, expansion into adjacent markets etc, does anyone believe that AVA are a target from one of the bigger boys. I know there's some rationalisation going on in the sector. Are we likely to be swallowed up rather than us doing the swallowing ? And if so, what could be a fair price ?
Not scaremongering (although any takeover would have to be at a hefty premium to today's SP, as I think the company is still undervalued), just a thought I've been pondering for a few months given what essentially has been medium-term stellar performance.
GLA
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