AVM advance metals limited

what next?

  1. 572 Posts.
    Anvil share price now below 80cents.

    Remember posting that institutions had evaluated Q Report in advance of its release and put a valuation on Anvil as a buy below 80 cents.
    (conjecture of course!)

    A little irrational exuberance on release of report, surge in buying, surge in share price.

    Could we say now that normality has now regained accendancy?

    So another round of fundraising!
    Bill T must be fed up with trying to run the company restrained all the time by finances.
    Stone Pony? was correct in indicating that "King Copper" could easily be deposed as a glamor metal and price could slump.
    Not necessarily so but would be a brave man who would bet on present copper price/demand in three years hence.

    Now that Anvil share price is at a significant price Bill T can raise a considerable amount with a share issue without the sort of dilution that would have occured when share price was 12 cents - or whatever lowish price.

    BRING ON DIVIDEND!
    A maiden dividend would place Anvil in a different category.
    Would possibly appeal to wider investment community and place the company in a different investment category.
    Even a token dividend would be helpful.

    Hopefully if substancial funding is obtained by a share issue, a maiden dividen - even a token one - could be declared at an earlier stage than otherwise.

    The late April share price surge is still a reasonable anticipation.

    That's how I see it anyhow!
 
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(20min delay)
Last
4.6¢
Change
-0.001(2.13%)
Mkt cap ! $12.19M
Open High Low Value Volume
4.8¢ 4.8¢ 4.6¢ $9.912K 210.9K

Buyers (Bids)

No. Vol. Price($)
2 18957 4.6¢
 

Sellers (Offers)

Price($) Vol. No.
4.7¢ 402133 2
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Last trade - 14.08pm 23/06/2025 (20 minute delay) ?
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