AVA has 118M shares on issue. At 10 cents, its market capitalisation is $12M. It has $10M in cash. It has two projects. It has two cashed up JV partners. Its coal in Botswana requires little CAPEX where as RES requires $400M in CAPEX. Market cap of RES at 50 cents is currently $39M.
AVA is cheap.
compare coal resources such as ava & res etc, page-2
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Last
13.0¢ |
Change
-0.015(10.3%) |
Mkt cap ! $37.71M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.0¢ | 13.0¢ | $6.417K | 45.98K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 22793 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 11431 | 1 |
View Market Depth
| Last trade - 16.10pm 31/10/2024 (20 minute delay) ? |
| AVA (ASX) Chart |