AVL 5.88% 1.6¢ australian vanadium limited

Thanks Pete December 2016 was the chosen date and DEG had around...

  1. 17,942 Posts.
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    Thanks Pete
    December 2016 was the chosen date and DEG had around 3.3 billion shares on its registry consolidated at 20 for once.


    https://www.marketscreener.com/quot...Notification-of-Consolidation-Split-23337650/
    IMG_3739.jpeg

    For anyone curious here’s a link to the HC thread and the November 2016 announcement : https://hotcopper.com.au/threads/ann-consolidation-split-deg-deg-ax.3009563/

    On that timeline and ratio AVL would be looking for a 50 to 1 consolidation before any new shares get issued?
    And not till next half year results are getting sorted?

    As far as the earlier possible inference I may be some kind of company mouthpiece, Pete, it does you no credit because it is WRONG.
    Laughably so given my parlous number skills and stuff like thinking Bushveld still owned most of CellCube.
    This company is my current research focus and I share stuff I find interesting - with links for anyone else interested to check and maybe discuss - and welcome input from those who know more.
    … and along the way I have probably become over-invested in a material way but that’s an example of confirmation bias in action.
    I DO like the way AVL has reshaped itself and the timing, I trust RCF’s ‘money where its’ mouth is’ example, and I think the company has a great chance of succeeding .
    And I’m just a punter here like most others.

    cheers
    Last edited by sabine: 30/04/24
 
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