AVW will delist within the year unless further capital raises occur,
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Even David deloub being the exceptional CEO he is will try to preserve the company of course probably due a capital raise's to sophisticated investors ,but it will be tough to sell this to investors without significant discounts to the capital raise share price offering.
Even now looking at the order que today the only buyers are at 0.1 cents, a lot of sellers are awaiting 0.2 cents
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Most weeks the volume is near enough zero.
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The best david deloub can do is a share consolidation, 1 for 10 then do a CR to sophisticated investors who might try a punt.
Investors will see a series of share price destruction after share price destruction.
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It unlikely that AVW will be able to aford the listing fees next year.
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Better luck next time to share hold investors.
1 year plot of AVW . AVW over the last year has fallen at an annualized rate of -50%.
3 year plot of AVW share price, AVW over the last 3 years has fallen at a annualized rate of 40%
10 year plot of AVW share price.
Good luck to those who brought into the lithium bubble with their future investments.
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