AVM 13.3% 3.9¢ advance metals limited

I'm with you @drchips on both how long we've held, the potential...

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  1. 2,302 Posts.
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    I'm with you @drchips on both how long we've held, the potential we see and the reasoning for management conserving capital.

    Once again lets look at how much Warwick & Geoff have and why they wouldn't want another CR to go to instos/investors. Their avg is 10c+, they've held longer than we have and hold so much that selling on market is an impossibility. 42m between them and that was before Warwick too the placement of another $500k just recently.

    They'll be looking to proof up the resource once Elko is accessible in the Summer and either sell the project on, or recoup dividends while our hydro division is working in the background.

    I'll continue to buy on weakness given how much invested Warwick & Geoff are and the potential we have sitting in our laps.
 
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Last
3.9¢
Change
-0.006(13.3%)
Mkt cap ! $6.571M
Open High Low Value Volume
4.5¢ 4.5¢ 3.7¢ $145.6K 3.626M

Buyers (Bids)

No. Vol. Price($)
3 426026 3.8¢
 

Sellers (Offers)

Price($) Vol. No.
4.0¢ 129145 1
View Market Depth
Last trade - 15.59pm 07/11/2024 (20 minute delay) ?
AVM (ASX) Chart
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