AVM advance metals limited
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~$100m usd issue underwritten @ $6.50 cdn, page-3

  1. Flats
    2,388 Posts.
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    22/02/06
    01:57
    Post #: 1389026
    They must have some grand plans up their sleeve because that is a sh!tload of money.
    Looks like they are serious about 2 SXEW plants, and they want them now!

    So much for the whole staged growth through earnings strategy, someone got impatient.

    It's positive the issue amount is so high considering they are adding 60% to the issued shares and that it's underwritten.

    Still think they could have done better however.
    AVM Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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Last
4.5¢ 		Change
0.002(4.65%) 		Mkt cap ! $12.58M
Open High Low Value Volume
4.2¢ 4.5¢ 4.2¢ $241.8K 5.653M

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No. Vol. Price($)
1 500000 4.3¢
 

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Price($) Vol. No.
4.5¢ 94417 3
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