AVL

0.00%

1.6¢ australian vanadium limited

should have been bussleton not bunbury. apologses to my brothers...

First 6 Last

Share
Profile

Follow
chadpowers

136 Posts.

29/04/17

10:35

Post #: 24352245
Share

Originally posted by chadpowers ↑

31 million unlisted options converted this quarter and yearly says we had 174 million on issue. my guess around 150m still active. we have about 1.2 bill shares on issue from memory and these unlisted options currently rep a further dilution of 10% of total shares on issue..
we are still sitting quite close to the excise price at 1.47c and they expire end dec which i cant belive im saying is only two quarters away. IMHO we need these options converted ASAP not just to gain some capital but to avoid the sale rush pre december, i think management were expecting more conversions to gain prority for the bryah deal but the unlisted option holders would be regular holders anyway or the excise price being so close to the on market would intice them to buy on market and keep the upside of the options so i dont think my logic holds well.
Anyway got my fingers and toes crossed for this one as i have a largish holding in avlo but without some more cash from conversions we may be looking at a CR or some kind of sale of the blesburg project.

remember battery sales of the cellcube units that we sell as an agent will only return percentage for the actual sale price as a commision. as the previous poster says if you fly a team to every conference the cash burn compared to the commision on the sale doesnt add up. I still believ strongly AVL should be donating these cellcubes on a trial basis to get there tech out there. much easier to get press and the money man to look at a battery set up in an metro area rather than treking out to bunburry to an operating private property.
heck, dump one in martin place and use it to light up the christmass tree. this "sales" team hasnt acheived anything but leads since the original unit was sold before this team was set up.

IMHO If you are willing to have a high cash burn in sending a team to every conference to generate sales then you should be willing to have a loss leader in donating or trialing your tech into the marketplace.

The director of VSUN needs to grow a pair and his tech out there anyway he can before more well heeled competition simply supply their batteries at no cost on a lease or $/kwhr deal.

He must be sick of sending the monthly email to the germans reporting zero sales for the month, then submitting his teams expenses and per diams for the conferences.

PS i love vince and think he is a legend but he should know that VSUN needs a massive kick in the a. if they cant sell em, then lease em, if you cant lease/profit share then they are simply failing to do their jobs.

Expand

should have been bussleton not bunbury. apologses to my brothers in the west and for my tone,

AVL Price at posting: 1.8¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

WCN

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

BCI

BCI reaches close of funding facility for salt-first part of Mardie project

NTI

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

CKA

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

BUX

Buxton projects new graphite province discovery at WA Narryer play

SLS

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

There are more pages in this discussion • 14 more messages in this thread...

First 6 Last

Add AVL (ASX) to my watchlist

(20min delay)
Last 1.6¢		Change 0.000(0.00%)		Mkt cap ! $138.1M

Open	High	Low	Value	Volume
1.5¢	1.6¢	1.5¢	$33.72K	2.121M

Buyers (Bids)

No.	Vol.	Price($)
36	10382546	1.5¢

Sellers (Offers)

Price($)	Vol.	No.
1.6¢	9032344	22

View Market Depth

No.	Vol.	Price($)
34	10222546	0.015
69	45602109	0.014
24	7056509	0.013
23	8434581	0.012
8	1936386	0.011

Price($)	Vol.	No.
0.016	8954800	19
0.017	4815757	22
0.018	3934118	14
0.019	4864364	9
0.020	7567694	18

Last trade - 16.10pm 04/10/2024 (20 minute delay)

AVL (ASX) Chart

should have been bussleton not bunbury. apologses to my brothers...

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

BCI reaches close of funding facility for salt-first part of Mardie project

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Buxton projects new graphite province discovery at WA Narryer play

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

should have been bussleton not bunbury. apologses to my brothers...

Top Stories

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

BCI reaches close of funding facility for salt-first part of Mardie project

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Buxton projects new graphite province discovery at WA Narryer play

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News