AVM 11.5% 2.9¢ advance metals limited

Anvil share price up 27 cents today on top of recent gains...

  1. 572 Posts.
    Anvil share price up 27 cents today on top of recent gains indicating a breakout.

    Obviously insiders/institutions have information indicating positive developments/announcement imminent.

    Possibly Anvil is close to announcing success in obtaining a loan which has been processing and requires approval by banks for some time now.

    If so the obtaining a loan ($140 million?)will give Anvil the capacity to continue expansion of the SX-EW when successfully completed and flags to the market that Anvil is considered a safe investment on top of the progress taking place.

    Institutions have revalued Anvil to be good value at close to the $4 mark.
    With expectation of higher valuations not far away as progress continues.

    All aboard????
 
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Last
2.9¢
Change
0.003(11.5%)
Mkt cap ! $3.927M
Open High Low Value Volume
2.5¢ 2.9¢ 2.4¢ $36.69K 1.440M

Buyers (Bids)

No. Vol. Price($)
1 25692 2.7¢
 

Sellers (Offers)

Price($) Vol. No.
2.9¢ 51842 1
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
AVM (ASX) Chart
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