AVL australian vanadium limited

Ann: AVL and TMT agree A$217 million Merger, page-19

  1. 1,365 Posts.
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    All good but are you aware you can get more for less by buying TMT instead and then getting 12 AVL shares per TMT share upon merging?

    It’s a genuine question because the market is not behaving how one would expect and I’m trying to gather some insight into why.

    I would expect a bit of a difference between the equivalent prices to account for the unknown but leaving 31% on the table is quite strange.

    Definitely expected the gap to close up a bit by now.
 
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(20min delay)
Last
0.8¢
Change
-0.001(11.1%)
Mkt cap ! $69.07M
Open High Low Value Volume
0.9¢ 0.9¢ 0.8¢ $145.0K 18.00M

Buyers (Bids)

No. Vol. Price($)
4 1354453 0.8¢
 

Sellers (Offers)

Price($) Vol. No.
0.9¢ 11191281 27
View Market Depth
Last trade - 16.21pm 27/06/2025 (20 minute delay) ?
AVL (ASX) Chart
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