Australia's largest stock trading and investment forum Australia's #1 stock forum

AEV

Click for more information

0.00%

0.9¢ avenira limited

Ann: Operational & Financial Update, page-287

First 287 Last

Share
Profile

Follow
cashngrab

6,009 Posts.

102

04/06/24

18:22

Post #: 74161963
Share

Originally posted by number3: ↑

Long-term holders should take heart in knowing that both GEAR and Hebang invested in the company knowing that the convertible note deadline was only months away and the company didn't have the funds to clear it. Conveniently, the combined amount they both invested was remarkably similar to the amount required to clear the convertible note in full. A suspicious mind could conclude that a bit of collaboration was involved here between the parties, to ensure GEAR and Hebang were able to secure access to the Wonarah resource for the long-term. That is very important, as securing a steady, long-term resource supply with stable pricing is essential when planning a major infrastructure project.

Expand

Totally agree, im accumulating this at low prices, Hebang and Gear are here to stay

AEV Price at posting: 0.6¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

NVA

Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter

HRZ

Horizon firms up ore reserve for Boorara ahead of FY25 Q1 development decision

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

RHK

Red Hawk upgrades Blacksmith with DSO mineral resource at the Eagle Deposit

Nine's staff strike as Paris Olympic coverage begins

MND

Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?

MIN

MinRes jumps 5% as the company meets production guidance – depressed iron ore prices be damned

IGO

IGO kicks off earn-in copper drilling on-site Encounter's Yeneena play as it adopts new identity

ASX Market Open: ASX200 to rise for Friday session | July 26

TRP

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

There are more pages in this discussion • 1 more message in this thread...

First 287 Last

Add AEV (ASX) to my watchlist