ALV 4.21% 9.1¢ alvo minerals limited

Capital Raising Incoming

  1. 985 Posts.
    lightbulb Created with Sketch. 205
    I'm still following ALV and I like the company, but no-one has made any mention of ALV's cash position. Why?

    Looking at the September Quarterly, the cash position of $2.9M looks good, however, the quarters remaining states only 2


    https://hotcopper.com.au/data/attachments/5868/5868753-38e03fdf40ea295738b437e0c59b104a.jpg

    https://hotcopper.com.au/data/attachments/5868/5868755-1da5bd1b371a242807a98201a8a88362.jpg

    So according to the quarterly ann., the funds should last another 2 months?

    It just surprises me that no-one seems to find this of any importance whatsoever.

    Capital raising surely incoming this month?
 
watchlist Created with Sketch. Add ALV (ASX) to my watchlist
(20min delay)
Last
9.1¢
Change
-0.004(4.21%)
Mkt cap ! $10.66M
Open High Low Value Volume
9.1¢ 9.1¢ 9.1¢ $5.272K 57.93K

Buyers (Bids)

No. Vol. Price($)
1 22333 9.0¢
 

Sellers (Offers)

Price($) Vol. No.
10.0¢ 44508 2
View Market Depth
Last trade - 14.00pm 03/09/2024 (20 minute delay) ?
ALV (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.