Company Report
Last edited 8 months ago
PerformanceCommunity EngagementCommunity Endorsement
ranked
#61
Performance (23m)
-19.1% pa
Followed by
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#Capital raise
stale
Added 8 months ago

AVA in a trading halt prior to cap raise, it is absolutely absurd capital allocation to pay a meaningless dividend and then raise a couple of months later....will be very interested in the purpose....it better be a good one or this will go on the exit list for me (despite all the promise of a really good product offering)

#ASX Announcements
stale
Added 3 years ago

The ATO has put a line through the companies proposal to send $39m to shareholders through a capital return, instead it will need to be split with most of the funds being a special unfranked dividend. Hopefully the market doesn't overact as it was always going to be a possibility of this occurring, focus on future earning potential