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4.55%

10.5¢ ava risk group limited

Ann: Share Purchase Plan Booklet, page-10

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fcmaster26

908 Posts.

95

10/04/24

12:14

Post #: 73275143
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Originally posted by SteveSage: ↑

you can buy on market now at whatever the price is or you can elect to take up the SPP at 13c (that is fixed so does not matter if a deal is announced and price jumps to 20c or if there is negative news and price falls to 10c......the SPP price is 13c).

The only issue with the SPP is that you may not get the full allocation (up to $30k) you ask for as the board has discretion to close early

However, reading this is a bit more detail and it goes to show what an absolute train wreck this board is......minimum amount that can be applied for is $10k or ~76k shares.......looking at the annual report last year and out of ~3500 shareholders, only 235 had more than 100k shares. That means they are likely to have knocked out more than 90% of retail shareholders unless those holders are willing to take a bigger stake than they currently own.

David Cronin and this board need to go.....they really don't understand their shareholders and nor do they seem to care about the bulk of them.

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I think I might just pick up another 100k shares.
Love having round numbers.

AVA Price at posting: 13.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 10.5¢		Change -0.005(4.55%)		Mkt cap ! $30.39M

Open	High	Low	Value	Volume
11.0¢	11.0¢	10.5¢	$1.661K	15.55K

Buyers (Bids)

No.	Vol.	Price($)
9	322217	10.5¢

Sellers (Offers)

Price($)	Vol.	No.
12.0¢	27512	2

View Market Depth

No.	Vol.	Price($)
9	322217	0.105
9	180230	0.100
3	30408	0.098
1	320	0.095
1	1100	0.092

Price($)	Vol.	No.
0.120	27512	2
0.125	244627	2
0.130	152324	5
0.135	303831	6
0.140	276271	3

Last trade - 15.36pm 08/08/2024 (20 minute delay)

AVA (ASX) Chart