AVL 0.00% 1.6¢ australian vanadium limited

92mil traded on the ASX alone.., and it doesnt move. Considering...

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  1. 1,298 Posts.
    lightbulb Created with Sketch. 170
    92mil traded on the ASX alone.., and it doesnt move. Considering the current interest in the company I find that interesting. Maybe some sideways action for now. Let it cool the jets for a bit and the traders will exit.

    From the Dec half yearly:
    The Directors have prepared a cash flow forecast, which indicates that the Group will have sufficient cash flows to meet all commitments and working capital requirements for the 12-month period from the date of signing this financial report.

    So they will ensure the price stays high enough to drive OA conversion and that should give enough funding until FID - before which they will probably announce lending decisons. If you hold options- dont forget the CGT tax benefit will begin once you actually convert them, so bear that in mind if you want to benefit from that and sell some or all next year.
 
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Last
1.6¢
Change
0.000(0.00%)
Mkt cap ! $138.1M
Open High Low Value Volume
1.5¢ 1.6¢ 1.5¢ $33.72K 2.121M

Buyers (Bids)

No. Vol. Price($)
36 10382546 1.5¢
 

Sellers (Offers)

Price($) Vol. No.
1.6¢ 9032344 22
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Last trade - 16.10pm 04/10/2024 (20 minute delay) ?
AVL (ASX) Chart
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