AVL australian vanadium limited

Hang on. WTF. How do they get away with this? They are spinning...

  1. 603 Posts.
    lightbulb Created with Sketch. 87
    Hang on.
    WTF. How do they get away with this?
    They are spinning AVL assets out into another company, shouldn't shareholders be entitled to free shares of this new company?
    similar to NMT spinning out WIN and giving NMT shareholders free shares in WIN.
    As shareholders, wouldn't we own these assets?
    Am I missing something here?
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
0.9¢
Change
0.001(6.25%)
Mkt cap ! $73.39M
Open High Low Value Volume
0.8¢ 0.9¢ 0.8¢ $12.42K 1.506M

Buyers (Bids)

No. Vol. Price($)
49 15615254 0.8¢
 

Sellers (Offers)

Price($) Vol. No.
0.9¢ 10127682 26
View Market Depth
Last trade - 13.38pm 25/06/2025 (20 minute delay) ?
AVL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.