avl is not a VRFB play. At 189m the battery part of this business is not valued at all.
It is a vanadium business with a 833m BFS completed asset trading at 22% of asset value with 49m in gov grant and producing Vanadium below chinese competitors
The cost of the mine is hefty so funding is a concern but at 22% of asset value, there is ample upside
As for the battery business, the day the market prices that in -you will be bankrupt if as per you sentiment you are selling shares you do not hold
You dont appear to understand this stock and its awfully bad position to short things you do not understand.
EV is hot, AVL moves with EV...
avl is not a VRFB play. At 189m the battery part of this...
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Last
1.6¢ |
Change
-0.001(5.88%) |
Mkt cap ! $137.7M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.7¢ | 1.6¢ | $32.83K | 1.945M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 4357967 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 5646006 | 20 |
View Market Depth
| Last trade - 16.10pm 27/05/2024 (20 minute delay) ? |
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Last
1.6¢ |
Change
-0.001 ( 1.23 %) |
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| Open | High | Low | Volume | ||
| 1.7¢ | 1.7¢ | 1.6¢ | 1325839 | ||
| Last updated 15.52pm 27/05/2024 ? | |||||
| AVL (ASX) Chart |