The IMOD contract was meant to be staggered and payed during FY20. However due to Covid this was pushed back to FY21. Therefore 2/3rds of the contract will be cash receipt this FY. So expect higher cash receipts in FY21 not inlcuding $8m in cash. This is not including potential for new data network pipeline deals with significant tier 1 clients around the globe. Margins are very high here.
The services division is what is driving AVA's revenue and cash which should offset FFT's lumpiness.
I do believe AVA Services may be divested this year and/or go through an acquisition to provide a focused leadership.
The IMOD contract was meant to be staggered and payed during...
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Last
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Change
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Mkt cap ! $37.69M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.5¢ | 13.0¢ | $65.46K | 494.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 10 | 417708 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 13.5¢ | 530620 | 8 |
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| Last trade - 16.10pm 29/04/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 13.5¢ | 13.5¢ | 13.0¢ | 222508 | ||
| Last updated 13.19pm 29/04/2024 ? | |||||
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