My two cents in summary:
Positives:
- Institutionally backed reflecting confidence in SVL
- Healthy cash balance for the foreseeable future
- Further exploration sounds promising and now has the means to implement
- Market closed at a decent price considering size of dilution
Negatives:
- Not offered to retail investors
- Confused about the "sophisticated investors" on the CR description, not sure if this means certain retail investors got access...
- Released shortly before market open giving minimal time to digest
- Presentation repeats a lot of the same story we have heard before, was hoping to see more on new achievements / results and next steps
My two cents in summary:Positives:Institutionally backed...
Add SVL (ASX) to my watchlist
 (20min delay)
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Last
15.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $233.7M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.5¢ | 15.5¢ | $441.2K | 2.762M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 1072330 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 380807 | 4 |
View Market Depth
| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| SVL (ASX) Chart |