AVM 11.5% 2.9¢ advance metals limited

Agree KKR.Bill also indicated that the $150 million demand...

  1. 572 Posts.
    Agree KKR.

    Bill also indicated that the $150 million demand seemed to have no valid basis.
    No validation given by Government.
    Guessing - it may have been based on a later buy out as Anvil increased its stake-hold.

    Certainly very strong grounds for having this demand reduced substantially - or removed completely.

    There is a suggestion that World Bank will take on a coercive role.
    But this has only been inferred and is not categorical.

    The bottom line now is - Is the Congo Government going to be stubborn and insistent?
    Or will the Government be rational and prepared to compromise?

    Difficult Questions?

    Somehow I think being prepared compromise is a strong possibility.

 
watchlist Created with Sketch. Add AVM (ASX) to my watchlist
(20min delay)
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
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
AVM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.