AEV 9.09% 1.0¢ avenira limited

Ann: Update on Aleees Arrangements and Work on LFP Project, page-10

  1. 7,323 Posts.
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    I haven't bought in yet. I gave myself FOMO and then an upper-cut to knock some sense into me.

    Considering cash levels, I think AEV will issue shares for the first tranche. The agreement was structured in a way that if AEV decides for payment by shares and Aleees disagrees then the agreement in terminated.

    Let's hope there is a juicy announcement to lift the VWAP and minimise dilution for the USD500k.
 
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