AEV 5.00% 1.0¢ avenira limited

running the numbers, page-8

  1. 3,048 Posts.
    From Tibbs last night

    "IMO the conversion of MAK options will have a 100% positive influence on the FPO's ... MAK is still very illiquid & the inclusion of more shares into the free float will actually make for LESS volativity and a more stable SP."


    There are 59 Mil shares listed out of 80 mil. There are 16 mil oppies due to be converted in December. The conversion of oppies will add an extra 25% more shares to the tradeable market. That must make some difference to the share price movement!
 
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