I’d suggest it is exactly what I was alluding to in my previous post, my money is on Mercer doing a block trade for the 200k shares they were issued yesterday, too much of a coincidence.
A quick $1.6m profit with the remaining 100k options to convert, no doubt they will be looking for a similar block trade to complete over the next 4 weeks.
Great outcome for everyone as the liquidity doesn’t exist currently.
Ann: Application for quotation of securities - AVR, page-13
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Last
$6.03 |
Change
0.010(0.17%) |
Mkt cap ! $93.45M | |||
| Open | High | Low | Value | Volume |
| $6.00 | $6.16 | $5.80 | $52.24K | 8.792K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 857 | $5.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.45 | 1000 | 1 |
View Market Depth
| Last trade - 15.36pm 20/06/2025 (20 minute delay) ? |
| AVR (ASX) Chart |