Closed at .2835 AU. That cracks the last high of .275. Which was about 9 years ago. So a new 10 year high coming on Monday.
Looking like the start of a very long bull run for this company. For those worried about cash burn, any cap raise will have minimal dilution and will be >6X lady cap raise. They will be able to pick and choose whose money they take.
No longer at the mercy of a hostile market, From this point on its a matter of whether we get a takeover offer or develop and grow the business ourselves. With the infrastructure AVH has/is putting together, going alone should be highly rewarding for shareholders.
Once the company can clearly show profits on the horizon, and even better yet years of profit growth with new geographic markets as well as new segments or indications, the share price growth will be exponential from there.
My view is that for shareholders this story is only just starting.
Enjoy the ride..
US Crushing it, page-2
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Last
$3.82 |
Change
0.140(3.80%) |
Mkt cap ! $266.9M | |||
| Open | High | Low | Value | Volume |
| $3.83 | $3.87 | $3.77 | $1.433M | 374.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3987 | $3.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.86 | 200 | 1 |
View Market Depth
| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| AVH (ASX) Chart |