AEV 0.00% 0.4¢ avenira limited

Ann: Acquisition of phosphate project, page-4

  1. 3,173 Posts.
    lightbulb Created with Sketch. 536
    current mak mv is say $17.5m cash / 245m shares = 7.1c per share

    100 m shares to acquire project including ihp license = $7m current mak equity or roughly what has been spent on the project

    80 m options @ 25c = $20m in cash
    80 m shares based on milestones = asset with increase value.

    effectively 50% equity in mak for another mak. not a bad deal.

    then its up to sh to decide if the want agrifos to be the 50% owner of mak, which has pros and cons. would definitely have more sway in mak being a bigger owner in jdc?
 
watchlist Created with Sketch. Add AEV (ASX) to my watchlist
(20min delay)
Last
0.4¢
Change
0.000(0.00%)
Mkt cap ! $10.57M
Open High Low Value Volume
0.5¢ 0.5¢ 0.4¢ $2.253K 556.9K

Buyers (Bids)

No. Vol. Price($)
20 20938778 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 4541117 5
View Market Depth
Last trade - 16.10pm 17/07/2024 (20 minute delay) ?
AEV (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.