AVM advance metals limited

Thanks for your usual excellent analysis and information...

  1. 572 Posts.
    Thanks for your usual excellent analysis and information Surf-.

    Had posted a while back that I was "a little bemused" by the strength in Anvil share price (but quite pleased actually).

    Coming back a little now which might have have been a reasonable expectation.
    And perhaps a hick-up in growing profits each quarter might contribute to weakness too.
    That is assuming profit will be less than previous quarter!

    Had not picked up on the costs of removing overburden at Kins.
    Hence my optimistic "could break past $20.00" in about ten weeks time may be too optimistic.
    Perhaps closer to $20.00?
    And the following quarter?
    Agree with your and my previous comment that share price could be about $25.00 at the time of fourth quarter reports.
    Given stability in price and international economies.

    The suggestion from Quant- that fund raising (perhaps by share issue) might be a factor of share price fallback is a good one.
    If is so institutions usually hold share price down to ensure they receive allotments at bargain price.
    After which share price usually recovers to previous levels.

 
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(20min delay)
Last
4.7¢
Change
0.001(2.17%)
Mkt cap ! $13.14M
Open High Low Value Volume
4.6¢ 4.9¢ 4.6¢ $213.1K 4.518M

Buyers (Bids)

No. Vol. Price($)
1 2680 4.5¢
 

Sellers (Offers)

Price($) Vol. No.
4.9¢ 94928 2
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Last trade - 16.10pm 25/07/2025 (20 minute delay) ?
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