Australia's largest stock trading and investment forum Australia's #1 stock forum

Afternoon trading May 1, page-199

First 199 Last

Share
Profile

Follow
Plans-3

245 Posts.

25

01/05/24

15:23

Post #: 73611262
Share

Originally posted by Ultra: ↑

Shareholders in sin-binned lithium explorer AVZ Minerals face one of the biggest wealth wipeouts in sharemarket history after management said it will delist from the ASX on May 13 as it battles for control of the world’s largest hard rock lithium deposit in Africa.

The Perth-based explorer has more than 21,100 shareholders with paper wealth of $2.8 billion tied up in the shares that last traded on the ASX in May 2022 for 78¢.

Expand

Very unfortunate.
1 Upvote

Reply

Top Stories

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

The winners & losers on market if negative gearing were gone

DEG

HotCopper users muse on De Grey's denial of Agnico Eagle takeover bid – but who are Agnico?

Week 39 Wrap: What HotCopper’s watching; China’s new stimmy moves boost metals; Oz CPI drop

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

NAM

ACCC seeks Olam divestments before it can buy Namoi Cotton

KAL

KalGold rolls out detailed aeromagnetic survey across Pinjin project

ESR

Estrella first foreign entity to win tenements in Timor-Leste under new laws ahead of 2025 tenders

The market's shrugged at China's stimulus measures all year. Why is this one different?

STK

5.6g/t gold intercept at Serbia's Rogozna supports Strickland's hopes for high-grade core

There are more pages in this discussion • 64 more messages in this thread...

First 199 Last