AVZ 0.00% 78.0¢ avz minerals limited

Ann: Trading Halt, page-365

  1. 449 Posts.
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    Although the project is so cool, we can only offer new shares to investors at a discount, really irritating, VW, Tesla could be happy to get shares here at €1, but they don't, so there is no shortage of lithium? _____________________

    But let's be honest, we are going into production here and only a minimal part of it is financed by issuing shares and if there is a discount on the share price, this is not a bad thing, just imagine that the total costs of over 500 million are financed by new shares at the current share price, then it would be better to issue a small number of shares at a discount. Is it clearer now?
 
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