Free.... Random one for the ST thread I know... and extremely illiquid... but caught my eye last month or so with final conditions of asset sale being met...
AVA (Aviva) might be worth watching.
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Was "pushed" down last week to record lows... now crept back up with stealthy buying/bids.
$20,000,000 cash due within the week (sale of African gold assets)... confirmation received yesterday
$10,000,000 cash extra possible if sold asset meets set criteria... no set timeline.... but not to be forgotten.
No real debt unless I am missing something (aside from a "10 cent" convertible note)
Seems someone wanted it cheap.... may be given a push up soon once they finish their agenda.
Nothing too exciting... but limited downside in the 7 cent range.. and open to new opportunities with a fair pile of $$$ due. Remote chance of some capital being returned to holders?
Does have a dual listing so ASX market cap not all there is to it.
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Just one of those quiet little co's with a pile of cash.
