Consider: the next 4 weeks will determine if AVR heads maintain a SP sufficiently above the AVRO strike price of $8.00 such as to encourage AVRO holders to convert - or alternatively to decide if there's sufficient interest to lure AVRO holders to sell on-market to such shareholders willing and able to convert.
According to my theory, if there are elements in the mix who are actively keeping the price down, then we're shortly going to discover if:
1. they've had their fun, and now they'll let AVR go for a run, or
2. they're about to double-up and frustrate the chances of a substantial ARVO conversion.
Obviously, I have no way of knowing. Seeing as I've already put my eggs in the AVRO basket, I don't have any intention of chasing for any more.
I remain reasonably confident Anteris will pop sooner or later. It's all in the timing. I don't think the chances of a pop in the next 4 weeks or so are promising.
Right now I'd console myself with just a bit of fizz.
Regards,
P
AVRO, page-4
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Last
$20.22 |
Change
-0.280(1.37%) |
Mkt cap ! $388.6M | |||
| Open | High | Low | Value | Volume |
| $20.50 | $20.50 | $20.00 | $252.9K | 12.54K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 966 | $20.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.25 | 50 | 1 |
View Market Depth
| Last trade - 15.59pm 15/05/2024 (20 minute delay) ? |
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Last
$20.30 |
Change
-0.280 ( 0.62 %) |
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| Open | High | Low | Volume | ||
| $20.22 | $20.30 | $20.01 | 179 | ||
| Last updated 15.36pm 15/05/2024 ? | |||||
| AVR (ASX) Chart |