$2 per share? Yeah, 50 bags is nothing to shirk at, let's be honest!
Would you buy AVL at $2 a share in Feb 2019? That's the other side of the question. I think the upper limit of my valuation by Feb, blue sky and all that, is 30 bags from here ($1.15 ish) and would probably require all the funding to be lined up and signed off for the plant plus off take agreements. Sounds crazy on Friday the 26th October 2018, but anything - including that - is possible and three months is a long time on the ASX.
But my, wouldn't that make people selling today look rightly stupid!
AVL Chart, page-2314
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Last
1.5¢ |
Change
-0.001(6.25%) |
Mkt cap ! $129.5M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.6¢ | 1.4¢ | $503.9K | 33.48M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 73 | 35876988 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 14503790 | 15 |
View Market Depth
| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| AVL (ASX) Chart |