2nd page of the AVR announcement states a capital raising. It's standard practice for an asx listed company to halt shares for 2 days to start and finalise the institutional component of a raise. The term sheet (where this info was sourced from) is sent to investors from the key broker (Evolution) and the media / contacts used this today. Institutions have until tomorrow lunch to provide bids and then the company will announce results Wed morning. Some companies may turn this process around in a day but typically 2 days.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$6.12 |
Change
0.000(0.00%) |
Mkt cap ! $94.85M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2160 | $6.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.08 | 500 | 2 |
View Market Depth
| Last trade - 10.00am 26/06/2025 (20 minute delay) ? |
| AVR (ASX) Chart |
Day chart unavailable