I have a few AVEOA and they are 1.2c to convert and are on the offer currently for 0.1c (no bidders yet) and expire next May in 2026 - plenty of time to go.
The SP is currently 0.5c (that's half of 1 cent) , so if that runs up to 1.2c, those AVEOAs will be in the money. Imagine if the SP went to say 3c on any push/pump (where they were a few years ago), then the AVEOs would be worth at least 2c given the time left still until expiry. So its very tempting to buy say 2,000,000 AVEOAs at 0.1c for $2,000 and see them run to 2c where they'd be worth $40,000
There are 106,028,839 AVEOAs on offer atm, which is worth $106,000. If people truly believe AVE is getting ready for a run, these AVEOAs must be a decent punt ?
AVE Price at posting:
0.5¢ Sentiment: Hold Disclosure: Held
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