AVM advance metals limited

mmmmHave taken the point of view that rights issue price is...

  1. NT
    1,708 Posts.
    mmmm

    Have taken the point of view that rights issue price is largely based on previous months trading?
    Might br wrong in a direct manner.

    However Anvil management obviously will make rights issue a positive investment to share holders so must take into account trading price of shares.

    Right issue price may also be adjusted at last moment if there is a market hiccup.

    However as Miningnut suggests, the targeted rights issue deal is no doubt already decided - bearing in mind last minute adjustment is still on the cards.

    The interesting point coming from Miningnut's input is that Gecamine agreement appears certain - appears imminent - appears to be accommodated in forward planning.

    As such tis very good news for holders.

    Anvil is breaking through in profits - in exploration - in corporate expansion!

    We wait now for announcements and share price to also break through. Yawn!

    Anvil a "minnow" is tuning into Anvil a medium sized mining company - with more potential still.

    Cheers

    NT
 
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(20min delay)
Last
4.7¢
Change
-0.002(4.08%)
Mkt cap ! $12.45M
Open High Low Value Volume
4.8¢ 4.9¢ 4.7¢ $78.91K 1.662M

Buyers (Bids)

No. Vol. Price($)
2 185506 4.7¢
 

Sellers (Offers)

Price($) Vol. No.
4.8¢ 25000 1
View Market Depth
Last trade - 15.53pm 26/06/2025 (20 minute delay) ?
AVM (ASX) Chart
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