AVM 11.5% 2.9¢ advance metals limited

interesting article, page-4

  1. KKR
    1,203 Posts.
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    re: bring on the takeover... Things are just really starting to rocket with this company.

    Good strong profits, a new mine being built, and massive exploration potential, no debt, money in the bank, and geographic diversification. Right now is the time we have all imagined and hoped for.

    Company fundamentals are excellent. Yes it would be great if the share price would rise to what Paradigm & Haywoods think AVM is worth. But the market has to respond in the end. When we're making US$100,000,000 net profit, there is no way the shares will be $1.065. And that is not too far off.

    I agree the current share price is frustrating, but I think we will have better medium term value without a takeover offer. I for one will not be selling.

    All thoughts on this topic most welcome.

    All the best

    KKR
 
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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
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
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