AVL 7.14% 1.5¢ australian vanadium limited

Interesting!! Always fascinating to try to figure out different...

  1. 1,843 Posts.
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    Interesting!! Always fascinating to try to figure out different trading strategies. Obviously with 12,13, 8, 12, 8 & 15 million shares converted over the last 6 months, people are realizing that there is no liquidity in the options, so to get out they need to put a further 2.5c in each to get them off their books while the share price is still above 2.5c. Back in September that seemed a good strategy, hence why I bailed out, but now?? I guess .1c is .1c, and better in ones pocket than lost into thin air. Maybe there is a realization that it would seem the company isn't too desperate for the funds, and thus are happy to stay quiet and let these options expire worthless. Sucks for all of those VIP's over in WA sitting on hundreds of millions given to them, but it just goes to show you nobody's safe from getting put in the corner. Pretty work I say!! Stay away from the ridiculous dilution for another day!!

    I tried to convince myself to buy some of these options at .1c on Friday (and even this morning) without any luck. Maybe a nice casino type bet, in case there is an announcement, but the bigger picture of that would be terrible for the future of this company IMO. If the AVL management feel like they need to get some value in those options in the next 2 weeks, because they are worried about the amount in their bank accounts, then that would tell any savvy investor exactly what 2023 holds for AVL. Not a lot I'd guess if you're standing on the side of the road rattling a tin for change!!! Then again you saw the last capital raise rolleyes.png

    IMHO the best thing for AVL to do is to just keep pushing forward trying to get finance, wait until the markets will be receptive to some good news (Jan/Feb 2023) and go enjoy Christmas when everyone in the US markets are vacationing in the Hamptons.

    You're gonna learn a lot in the next 2 weeks!!
 
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Last
1.5¢
Change
0.001(7.14%)
Mkt cap ! $129.1M
Open High Low Value Volume
1.4¢ 1.5¢ 1.4¢ $105.8K 7.334M

Buyers (Bids)

No. Vol. Price($)
18 2698027 1.4¢
 

Sellers (Offers)

Price($) Vol. No.
1.5¢ 8089207 22
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
AVL (ASX) Chart
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