Ridiculous over reaction in price, world markets dropped 15% in a couple weeks and at the same time av comes out of a trading halt saying we've run out of cash and the underwriter pulled out (surprise).. But seriously who is selling their shares for 9c, are you kidding me.
The million$ investment today proves the project will be a go'er, nobody invests a million$ if there is a structural flaw in the mining operation.
The plan is obviously to raise emergency cash at whatever price to keep operations ticking along and wait for the SP to appreciate to a more reasonable level and then raise the larger amount to see the project through to development stage.
Over the last couple months the SP has dropped more then a spec oil company that drills a duster, its ridiculous and represents nothing more then a series of very untimely events. Mr. Brooks has picked himself up a serious bargain.
Coppers back at $4.2/lb already and world markets are only a few% of their lows, AVI has tripled in price in a few weeks before and it will do it again.
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Mkt cap ! $30.73M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 13594914 | 0.6¢ |
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Price($) | Vol. | No. |
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40 | 34498954 | 0.005 |
41 | 21112890 | 0.004 |
15 | 12935640 | 0.003 |
6 | 8802499 | 0.002 |
Price($) | Vol. | No. |
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0.007 | 20961265 | 11 |
0.008 | 11255544 | 12 |
0.009 | 6294200 | 6 |
0.010 | 6200099 | 6 |
0.011 | 4515322 | 6 |
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