AEV
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10.0% 1.1¢ avenira limited

Ann: Share Purchase Plan Shortfall Placement Agreement, page-6

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  1. dowjones30
    325 Posts.
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    17/05/17
    19:18
    Post #: 24752652
    It might be progressively converted?

    $100m valuation obviously is way too rich - That is in USD too.

    Pretty sure at this stage the money won't paid back and should be converted into jdc equity. Interesting to see what that $2m USD adds to avenira's ownership of jdc.

    Good news that the spp is "underwritten" without discount.

    Tempting to buy more, particularly at under 8.4c
    AEV Price at posting: 7.6¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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Last
1.1¢ 		Change
0.001(10.0%) 		Mkt cap ! $29.74M
Open High Low Value Volume
1.1¢ 1.1¢ 1.1¢ $2.035K 185K

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