Ann: FY19 Performance Update, page-11

New to this forum however not new to AVA Group. Agree with your comments Sequola. Company looks to be setting itself up for some excellent revenue growth ahead and the update shows the level of confidence the company is feeling.
Forecasting possible rev growth of 100% is a business looking good.
I really hope they dont under sell the value of the IVL business with any deal they do. The current share price should be irrelevant to the known value that they would know its worth so basing a buy in or part sale on current market cap just undervalues the business and allows any buy in or sale to be to the detriment of current shareholders. Hopefully the new ceo and the ex ceo will ensure we get any deal based on its future worth.

I agree that the company still does not seem to understand the importance of announcing the confidence they seem to be feeling to shareholders and the lack of announcing deals they pick up is not helping them.
The last announcement stated they signed 3 large deals in March !!! yet did not announce one of them !!!. Why was each deal not announced as a separate stand alone announcement. You dont get many announcement opportunities so if they were reasonably large deals as they state why not announce each one separately. Just because it may not be a multi millions of dollars deal shouldnt mean it does not get announced. All positive announcements of even reasonable sized deals build confidence for shareholders and attract new ones.
I am also concerned about the lack of on market buying. The shares have been sold down close to 50% from 23c to 12.5c yet whilst I agree volume have been low there has been no attempt by any value buyers to step in. The company looks substaintally undervalued to me based on the last annoucement - future growth etc so why has the "smart money" not stepped in. Large sellers in screen still dominate with a distinct lack of large buy orders. I know the Indian Military deal is taking forever and some nervous holders may have bailed but I would have expected the smart money to be soaking up as much shares as they can at this prices. I really hope the sell down is not so that any sale or management buy in of the IVL business is done at a cheap price but perhaps i am just being paraniod.
Maybe the company needs to start having a few chats and meetings with some small cap growth institutions to spread the story.
It would be great to see the new ceo and fellow directors wade in and buy a heap of shares on market to send a positive message about what they think of the current price.

If the continued revenue growth expected eventuates in the next 12 months I think many will look back at the current 16/17/18c share price and wonder why it was where it was and I will probably regret not buying more.