Just agreeing with Grumpycat that there has been dilution.
Us retail investors don't like it when a company sells new shares at a discount to raise capital. However it is what Exploration and Development companies do as they have no income .
Chalice have increased SOI by 53% in the last 3 years.
i have been disappointed with the time it has taken to drill the Coates project. (Coates - the reason I first invested in AVL). 20 months since AVL obtained a grant from the WA government. (ASX announcement 23 Rd April 21), but looking forward to results from holes 2, 3 and 4. and the IPO next year.
Just agreeing with Grumpycat that there has been dilution.Us...
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Last
1.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $120.5M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.5¢ | 1.4¢ | $59.96K | 4.004M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 400000 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 1540000 | 5 |
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| Last trade - 10.49am 20/06/2024 (20 minute delay) ? |
| AVL (ASX) Chart |