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4.17%

2.3¢ advance metals limited

The problem is everyone knows the PAC playbook. Clients out on...

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Klue

6,865 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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(20min delay)
Last 2.3¢		Change -0.001(4.17%)		Mkt cap ! $1.049M

Open	High	Low	Value	Volume
2.3¢	2.3¢	2.3¢	$207	9K

Buyers (Bids)

No.	Vol.	Price($)
3	314475	2.3¢

Sellers (Offers)

Price($)	Vol.	No.
2.6¢	209256	1

View Market Depth

No.	Vol.	Price($)
3	314475	0.023
2	87615	0.021
2	74995	0.020
2	1000000	0.010
0	0	0.000

Price($)	Vol.	No.
0.026	209256	1
0.027	138372	1
0.030	32255	1
0.031	31920	1
0.032	65069	1

Last trade - 15.52pm 03/06/2024 (20 minute delay)

AVM (ASX) Chart