I think there is stock being unwound into the market after raising $5m with Fortrend Securities. This will keep some capping pressure as they unwind some of the stock to recoup the financing. So I think this will create , 'steps' in the share price chart. For instance if they complete their selldown at 17 cents, they might move to 20 and cap there for a period.
This new funding is becoming common as it is a simple form of finance form small caps without having to go to the banks.
R
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Last
$1.73 |
Change
0.045(2.68%) |
Mkt cap ! $122.9M | |||
| Open | High | Low | Value | Volume |
| $1.71 | $1.74 | $1.70 | $650.7K | 379.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $1.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.73 | 1506 | 1 |
View Market Depth
| Last trade - 16.10pm 18/07/2025 (20 minute delay) ? |
| AVH (ASX) Chart |