I'll kiss you on the knob if AVL ever reaches 20 cents.
It ain't ever happening.
6.5 billion shares now BEFORE any capex finance? 20 cents = $1.3 billion company. Pre development. LOL
You still need $800 million in capex, if you go wild and assume $500 million in various gov cheap debt schemes, you still need $300 mill in finance - which puts your shares on issue well over 10 billion and more likely 15 billion.
The two managements are in survival mode - hence the merger. If this EVER hits 5 cents pre development bite the hand off the fool offering it IMHO.
20 c party, page-14
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Last
1.7¢ |
Change
0.001(3.13%) |
Mkt cap ! $137.7M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.7¢ | 1.6¢ | $5.275K | 329.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 4789778 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 5339216 | 17 |
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| Last trade - 10.19am 28/05/2024 (20 minute delay) ? |
| AVL (ASX) Chart |