AVA 3.85% 13.5¢ ava risk group limited

For those contemplating a sell....It might be worth comparing...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,454 Posts.
    lightbulb Created with Sketch. 48
    For those contemplating a sell....It might be worth comparing the chart back in June July 2018 with now, downward trend, short sharp spike up, then gradual move up... now add in expected announcements of IVL deals and Indian Military... add in further contract wins outside of these......this is going higher underpinned by revenue forecast minimum revenue rise of 10% in the second half, with next year lifting to Y on Y growth of 25% - 30% with the inclusion of the Indian Military deal. Furthermore EBITDA improvement should come with merging savings, economies of scale and better sized IVL deals improving margins...

    With revenue probably heading to close to $50 mill in FY 2020, a profit of 2-3 million next year is likely to see a forward p/e of around 10-15 times back ended with a consolidated merger and a company definitely in focused squarely on growth.... at market cap of $27 million this is looking very cheap.
 
watchlist Created with Sketch. Add AVA (ASX) to my watchlist
(20min delay)
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
View Market Depth
Last trade - 16.10pm 18/11/2024 (20 minute delay) ?
AVA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.