AEV 0.00% 0.4¢ avenira limited

Ninnie,You are being simplistic.A couple of points here:- 100m...

  1. 10,295 Posts.
    lightbulb Created with Sketch. 999
    Ninnie,

    You are being simplistic.

    A couple of points here:

    - 100m can be raised as part debt, part equity. Not all debt.

    - Minimum operating profit for year one is projected to be roughly 150m (1m tonnes RP at a minimum of AUD300 minus opex of AUD150).

    MAK has a large director ownership. IPL will probably not grab it for a song in either 6 months, or ever. The tragic thing is that some long term investors get stampeded out of the door because of fear.
 
watchlist Created with Sketch. Add AEV (ASX) to my watchlist
(20min delay)
Last
0.4¢
Change
0.000(0.00%)
Mkt cap ! $9.396M
Open High Low Value Volume
0.4¢ 0.5¢ 0.4¢ $5 1.124K

Buyers (Bids)

No. Vol. Price($)
22 19698265 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 1110491 3
View Market Depth
Last trade - 16.10pm 19/07/2024 (20 minute delay) ?
AEV (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.