AVL australian vanadium limited

The SOI is now ~8.6 billion (not 6 billion), and you don't seem...

  1. 7,307 Posts.
    lightbulb Created with Sketch. 2878
    The SOI is now ~8.6 billion (not 6 billion), and you don't seem to understand how a consolidation works. There's no monetary benefit to any shareholder, your holding stays the same $ value. The fact the SP goes up is neither here no there because you'll get allocated a proportional reduction in the number of shares. It just makes the SOI look smaller, so it doesn't ring alarm bells with future investors, pointing to the massive dilution that has occurred. Actually I think consolidations should be banned, because they hide poor management practices.

    All IMHO, DYOR
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
0.8¢
Change
-0.001(11.1%)
Mkt cap ! $69.07M
Open High Low Value Volume
0.9¢ 0.9¢ 0.8¢ $44.97K 5.455M

Buyers (Bids)

No. Vol. Price($)
56 13167714 0.8¢
 

Sellers (Offers)

Price($) Vol. No.
0.9¢ 7747969 15
View Market Depth
Last trade - 16.10pm 23/06/2025 (20 minute delay) ?
AVL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.