The $6.5m in late stage contract negotiations and $3m in backlog seems to be the main factor in the number variance. That's unfortunate, but if AVA starts doing $10m/quarter starting next week, that's good news. Even without the final stage deals, there was +77% year on year revenue growth and it sounds like they've turned it around from loss making to breakeven - also good news. $288 million pipeline...I like the sound of that. My support of AVA remains unchanged.
Ann: FY18 Market Guidance Update, page-6
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Last
13.5¢ |
Change
0.005(3.85%) |
Mkt cap ! $27.56M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 13.5¢ | 12.5¢ | $15.92K | 121.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 130712 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 274445 | 7 |
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| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| AVA (ASX) Chart |
