AVZ completed a cap raising through Pattersons with the same conditions (20% discount to the 5 day VWAP prior to issue date) earlier this year. Price got a smacking down (~30%) between the announcement and issue date.As a long suffering holder of both, it won't surprise me if the same thing happens here.
Upside, might make a good buying opportunity? (DYOR, not financial advice, etc)
Ann: ARV Share Purchase Plan - Underwritten to $1.5 million, page-23
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Last
1.3¢ |
Change
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Mkt cap ! $22.93M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.3¢ | 1.2¢ | $8.934K | 722.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 2990855 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 645104 | 5 |
View Market Depth
| Last trade - 14.57pm 14/06/2024 (20 minute delay) ? |
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Last
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Change
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| Open | High | Low | Volume | ||
| 1.3¢ | 1.3¢ | 1.3¢ | 11538 | ||
| Last updated 14.35pm 14/06/2024 ? | |||||
| ARV (ASX) Chart |