AEV 0.00% 0.9¢ avenira limited

Ann: Equity Investment and Strategic Cooperation and Offtake MOU, page-136

  1. 7,323 Posts.
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    Why would it have happened yesterday?

    The placement shares outside of those going to Hebang and Directors in the future come onto the market on 13/12. That's 200+m new shares hitting the market. AEV averages about 4m turnover per day.

    If I'm a soph, 25-50% return for < 1 week hold near Xmas/NY stacks up very nicely compared to XJO (1.8% YTD 2023 which is substantially less than a risk-free IBD).

    It will be very bullish if AEV can hold 0.014-0.015 once those placement shares hit the market next week
 
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