Food for thought ....
AUT will have approx $35m after the curent capital raising.
ADV has a mcap of less than $30m fully deluted
AUT has the gun geologist team .... ADV look a little light weight in this capability
ADV was smart in taking a large land grab in the Pickle Lake area
ADV has a weak register
ADV share price is riding on AUT's coat string
If I was in control of AUT, I would offer ADV $10M for 40% if the company including board representation
I would share the AUT geo team with them
Mount a huge drilling program across both
Both companies and their shareholders would benefit
Just a wild thought ....
Ann: Auteco Receives A$30.4 Million Fully Underwritten Placement, page-51
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Last
84.5¢ |
Change
0.020(2.42%) |
Mkt cap ! $406.1M | |||
| Open | High | Low | Value | Volume |
| 81.5¢ | 84.5¢ | 81.3¢ | $955.3K | 1.154M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2646 | 83.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 84.5¢ | 596 | 1 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| FFM (ASX) Chart |