AEV 0.00% 0.9¢ avenira limited

Yes.... liquidity is a problem. I sounded out a few brokers who...

  1. DSD
    15,812 Posts.
    lightbulb Created with Sketch. 33
    Yes.... liquidity is a problem. I sounded out a few brokers who offer margin plays on MAK. Best i could find was 50% = 2x bang for yr buck.
    But (as expected)nobody offers margin buying on MAK options.
    I estimate about half of all shares are bought with margin deposits although suspect ratio for MAK is only a fraction of this.
    Nevertheless i have bought options yesterday at 1.36 and consider it a medium term trade.
    V. hard to know what the downside is as MAK still (at best) 18 months away from any revenue.
    But RP is the right product for these times. Pity it wasn't nearer a port but can't have everything i guess.
    Discovered MAK when seeking a Aussie tin miner. Must say i am dissappointed with the Sn grades with 0.4% being the best.
    Flouspar offers more hope IF they can do the metallurgy.

    Question: Has MAK managemnet got proven exprience elsewhere in mine feasability/production?
 
watchlist Created with Sketch. Add AEV (ASX) to my watchlist
(20min delay)
Last
0.9¢
Change
0.000(0.00%)
Mkt cap ! $24.33M
Open High Low Value Volume
0.9¢ 0.9¢ 0.9¢ $7.105K 789.4K

Buyers (Bids)

No. Vol. Price($)
3 2127381 0.9¢
 

Sellers (Offers)

Price($) Vol. No.
1.0¢ 1016684 4
View Market Depth
Last trade - 15.54pm 13/11/2024 (20 minute delay) ?
AEV (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.