AVL 0.00% 1.5¢ australian vanadium limited

Ann: Market Update Vanadium-based Energy Storage Solutions, page-41

  1. 6,135 Posts.
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    ex - day was pretty much a non-event

    1.4c as anticipated last week

    tomorrow is rego-day, then after that you would hope for a SP rise, with the underlying logic:

    a - a higher SP entices some larger holders to shed a few shares, to enable them to buy them back at 1.3c in the issue

    b - AVL will fill the offer, and not have to sell out cheaply to a new influence group, in a shortfall scenario

    c - it is in AVL's interest to favour current long term holders, as they are steady eddy kinda people, not institutional shortfall cowboys
    Last edited by ozgoldtrader: 16/03/16
 
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