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2.2¢ advance metals limited

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randomguy88

1,102 Posts.

139

05/12/22

16:22

Post #: 65158632
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Originally posted by kobired: ↑

Not surprised at the cr announcement but I am bewildered by the 5 thumbs up for it!!! Cap raises are not usually a positive for share prices especially when done at the price of an old boot. Less shares on issue the better. The cr could be to a single investor at 0.5 cents for all we know at this stage. The last cap raise was at 1.6 cents then the price halfed to 0.8 cents.
It also tells me they can't off load elko to raise funds.

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It was done at 1c got the termsheet on Friday. Looks like it was placed to international holders which is great

AVM Price at posting: 1.2¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 2.2¢		Change -0.003(12.0%)		Mkt cap ! $3.706M

Open	High	Low	Value	Volume
2.1¢	2.2¢	2.1¢	$430	19.99K

Buyers (Bids)

No.	Vol.	Price($)
1	2364	2.2¢

Sellers (Offers)

Price($)	Vol.	No.
2.3¢	148000	1

View Market Depth

No.	Vol.	Price($)
1	2364	0.022
1	246844	0.021
3	266925	0.020
1	52630	0.019
1	166666	0.018

Price($)	Vol.	No.
0.023	148000	1
0.025	134037	3
0.026	406643	2
0.027	150750	2
0.029	92770	2

Last trade - 15.07pm 02/10/2024 (20 minute delay)

AVM (ASX) Chart