AVL 7.14% 1.5¢ australian vanadium limited

Vanadium news, page-6224

  1. 1,607 Posts.
    lightbulb Created with Sketch. 786
    Never made sense to me why share consolidation has been historically a negative for the share price... Other than it kind of being the only 'formal' acknowledgement we'll get from a company to say they have blown out their share register through too many cap raises,,, but you would think that is no surprise to anyone so I still don't understand how it tends to create a negative sentiment.

    Maybe i'll google it to see if there is any technical reason why a consolidation encourages more selling than buying in it's wake.

    But it's needed in this case. It's post a merger where the company is at a turning point, maybe that is enough positive rather than just a company that has been raising too long and consolidating (but with the same story in the background) to start fresh with new cap raises.

    If they can do a consolidation sandwich with positive announcements each side of it, then why can't it be an overall positive?
 
watchlist Created with Sketch. Add AVL (ASX) to my watchlist
(20min delay)
Last
1.5¢
Change
0.001(7.14%)
Mkt cap ! $129.1M
Open High Low Value Volume
1.4¢ 1.5¢ 1.4¢ $105.8K 7.334M

Buyers (Bids)

No. Vol. Price($)
18 2698027 1.4¢
 

Sellers (Offers)

Price($) Vol. No.
1.5¢ 8089207 22
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
AVL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.