AVB 0.00% 16.5¢ avanco resources limited

agm presentation, page-38

  1. 10,771 Posts.
    lightbulb Created with Sketch. 553
    Over 1 billion shares traded, according to flushmon.

    PT - That's quite different to having 1 billion shares on issue. In a hectic day-trading day, of which there were quite a few, some of those shares would have been bought and sold ten times over.

    I don't see your point anyway. Isn't the important factor how they're going to use the capital raised, rather than the fact that they've issued all those extra shares? If the cash from the 150 million extra shares adds value to the company, no big deal imo. Unlike other companies who continually raise capital just to stay afloat.
 
watchlist Created with Sketch. Add AVB (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.