Markets are forward looking and are priced accordingly, hence why many trade on high multiples. If you are always going to wait with growth stocks until they are cashflow positive or turn a profit you miss the bulk of the initial move as by that time the market has already priced in much of the growth in the stock.
Av1 is well funded, the fact that the ceo and largest holder are subscribing to more shares in the recent raising says volumes about where the company is headed and they are now funded for growth in the US which i except will rocket them into the limelight and wake the market up to just how advanced their trafficguard software is.
The fact that you can't use it should have zero baring on your investment. Barely anyone would have used ALU's computer software for designing electronic's but that has gone up 400% in 2 years, there are so many other examples i won't even go into them. Look at each company on its own merits.
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AV1
adveritas limited
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10.5¢

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Last
10.5¢ |
Change
0.005(5.00%) |
Mkt cap ! $87.88M |
Open | High | Low | Value | Volume |
10.5¢ | 10.5¢ | 10.0¢ | $40.13K | 386.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 20600 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 92393 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 20600 | 0.100 |
1 | 100000 | 0.099 |
1 | 12500 | 0.098 |
1 | 25000 | 0.097 |
1 | 220000 | 0.096 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 125094 | 1 |
0.110 | 263507 | 7 |
0.115 | 30000 | 2 |
0.120 | 86658 | 2 |
0.130 | 30000 | 1 |
Last trade - 16.10pm 17/06/2025 (20 minute delay) ? |
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AV1 (ASX) Chart |
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RC1
REDCASTLE RESOURCES LIMITED
Ronald Miller, Non-Executive Director
Ronald Miller
Non-Executive Director
SPONSORED BY The Market Online