AVL australian vanadium limited

Do I have this correct, buying TMT under 30c equates to buying...

  1. 3,732 Posts.
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    Do I have this correct, buying TMT under 30c equates to buying AVL under 2.5c based on 1 for 12 on merger? For example buying TMT at 28c equates to buying AVL at 0.2333. Looks like a decent arbitrage trade.
 
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(20min delay)
Last
0.8¢
Change
-0.001(11.1%)
Mkt cap ! $69.07M
Open High Low Value Volume
0.9¢ 0.9¢ 0.8¢ $44.97K 5.455M

Buyers (Bids)

No. Vol. Price($)
56 13167714 0.8¢
 

Sellers (Offers)

Price($) Vol. No.
0.9¢ 7747969 15
View Market Depth
Last trade - 16.10pm 23/06/2025 (20 minute delay) ?
AVL (ASX) Chart
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