Auctus Investment Group Limited

ASX:AVC

Auctus Investment Group Limited

ASX:AVC
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$0.545 (+3.8%)
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#First Look
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juneauquan
Added 2 years ago
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There is this franchised pet store I frequent nearby called PETstock. I quite like the store but never thought about it is an investment or otherwise.

Until I went to the Auctus Investment Group (AVC) website and discovered that Auctus had a investment stake in PETstock.

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I ventured further into Auctus and the group has some intriguing investments including a newly created US Student Housing ETF (USQ), an energy storage company (esVolta), US venture capital firm (Scout Ventures), and a traval company (Luxury Escapes)

The company looks to be operational/free cash flow positive AND has made some interesting capital allocation decisions including a 5c capital return and is undertaking a share buyback (indicating management believe the company is undervalued)

Have placed Auctus onto the 'Research Further' list


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