AVZ 0.00% 78.0¢ avz minerals limited

Ann: Trading Halt, page-125

  1. BOT
    8,304 Posts.
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    With a capital raising to come it's interesting that the number of shares on issue has increased 5x in that time! That's some serious dilution.
    That's the problem with many of these dreamy projects. IF they do ever manage to generate sales, by the time this happens many years into the future, shareholders are so diluted that there usually isn't any value in the stock at those prices in the future.

    All IMO

    Number of shares on issue at Manono acquisition.


    https://hotcopper.com.au/data/attachments/2129/2129904-8e04a64f28beee55fe4763d793a2482c.jpg


    Number of shares and options on issue so far....

    https://hotcopper.com.au/data/attachments/2129/2129907-14c610d33bd6af8f78e211ac81c73bb9.jpg
 
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