AVA 3.85% 13.5¢ ava risk group limited

https://shareshack.com/ASX/AVA/ AVA AVA - Market cap $37m, SP...

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    https://shareshack.com/ASX/AVA/    

    AVA - Market cap $37m, SP 17.5c

    Formally know as FFT, this company acquired MSP (who I was a holder of) at the start of the year with a share buy out. Both companies were doing well before the merge, and should benefit from creating a lean operational structure and leveraging each business' key accounts with complimentary offerings.

    AVA is focused on risk management technology on a global scale, working in a range of sectors including utilities, government, logistics and digital. Last week AVA reported a new Letter of intent with a military project worth up to $15M over 15 months. This saw the share price break out a new high, although it has been a slow climb.

    The co increased revenue by 54% on last year, however still made a loss of $3m. Debt free with $5.9m cash and securing new contracts, this is the kind of company I like to hold.

    With the SP hitting a new high and volume last week increasing, these appear to be good technical buy indicators.
 
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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
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