I’d suggest it is exactly what I was alluding to in my previous post, my money is on Mercer doing a block trade for the 200k shares they were issued yesterday, too much of a coincidence.
A quick $1.6m profit with the remaining 100k options to convert, no doubt they will be looking for a similar block trade to complete over the next 4 weeks.
Great outcome for everyone as the liquidity doesn’t exist currently.
Ann: Application for quotation of securities - AVR, page-13
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Last
$5.05 |
Change
-0.140(2.70%) |
Mkt cap ! $78.29M | |||
| Open | High | Low | Value | Volume |
| $5.08 | $5.17 | $5.00 | $17.07K | 3.383K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 27 | $5.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.18 | 2446 | 1 |
View Market Depth
| Last trade - 15.59pm 30/07/2025 (20 minute delay) ? |
| AVR (ASX) Chart |