AVM advance metals limited

becoming a substantial holder from cba..., page-3

  1. 515 Posts.
    lightbulb Created with Sketch. 16
    Interesting move. Surprised they've done it considering lack of liquidity (on ASX) and the fun they had getting out last time.

    Somebody must have worked out how much Anvil has in the bank and the profits they're likely to pull in over the next few Qtrs (years) and thought it was worth the risk.

    I hope they'll allow the price to run a bit more this time before taking profits. Maybe they can smell a dividend - by the end of the year we should have enough cash to buy the Congo. Interesting to compare current cash flows to the original RMB Bank loan. Seems like small bikkies.
    This certainly wraps up a wad of shares.
    The lack of shares to buy or sell would be detering the bulls and the bears at the moment - fundamentals aside - given general market uncertainty any bull wouldn't like what they see purely based on liquidity.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
4.7¢
Change
0.001(2.17%)
Mkt cap ! $12.45M
Open High Low Value Volume
4.5¢ 4.8¢ 4.5¢ $82.24K 1.732M

Buyers (Bids)

No. Vol. Price($)
1 1433 4.7¢
 

Sellers (Offers)

Price($) Vol. No.
4.8¢ 49949 1
View Market Depth
Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
AVM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.