News blog
Avia Health Informatics
- BY: Andrew Hore |
- POSTED: 01/02/2012 |
Shares in healthcare software developer Avia Health Informatics have slumped from 44p 17.75p following its return from suspension.
Management argues that Avia has enough cash for its current needs although it admits that those cash resources are constrained. There was £220,000 in the bank at the end of 2011. Avia is trying to raise £500,000 and it continues to review its strategic options.
The audit report states that Avia’s ability to continue as a going concern is dependent on trading over the next three months.
Avia believes that its revenues for the year to March 2012 will be in the range of £2.2m to £2.5m, up from £2.1m last year.
At 17.75p a share, the current share capital is valued at £1.14m.
Download the latest AIM Journal from http://www.hubinvest.com/AIMPDFJanuary2012_28.pdf
© 2024 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
- Browse by issue
- All issues
- Popular tags
- All tags
- AIM Micro feeds
Keep up to date with articles published at AIMMicro.com. Subscribe to AIM Micro RSS Feeds
|