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21.4%

3.4¢ advance metals limited

Ann: Cleansing Notice, page-5

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Klue

6,850 Posts.

412

17/04/24

14:28

Post #: 73388866
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Originally posted by the_contrarian: ↑

There's the cleansing notice. What's lurking behind it? Drill permits soon?

It might be lost on the market that if you raise capital and price stays the same, then market cap increases but EV stays the same. That's because they add the shares on issue and the cash. At ~$1m EV it really ticks a lot of boxes. Going forward, it will tick the most important box....cash in the bank.

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The problem is everyone knows the PAC playbook. Clients out on this one with some free oppies and back in on the next raise. So it's a countdown till the next raise with an acquisition.

AVM Price at posting: 3.0¢ Sentiment: None Disclosure: Not Held
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0 Great analysis

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(20min delay)
Last 3.4¢		Change 0.006(21.4%)		Mkt cap ! $1.55M

Open	High	Low	Value	Volume
3.1¢	3.4¢	3.1¢	$7.853K	238.7K

Buyers (Bids)

No.	Vol.	Price($)
1	15628	3.2¢

Sellers (Offers)

Price($)	Vol.	No.
3.3¢	14970	1

View Market Depth

No.	Vol.	Price($)
1	15628	0.032
1	68807	0.031
2	80855	0.028
1	160928	0.027
1	38460	0.026

Price($)	Vol.	No.
0.033	14970	1
0.038	74900	2
0.050	507020	3
0.053	27751	1
0.060	15000	1

Last trade - 15.44pm 21/05/2024 (20 minute delay)

AVM (ASX) Chart

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