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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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($) | Vol. | No. |
---|---|---|
4.7¢ | 402133 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 18957 | 0.046 |
2 | 507755 | 0.045 |
1 | 250000 | 0.044 |
2 | 130000 | 0.043 |
1 | 23800 | 0.042 |
Price($) | Vol. | No. |
---|---|---|
0.047 | 402133 | 2 |
0.048 | 213669 | 2 |
0.049 | 270978 | 2 |
0.050 | 730403 | 6 |
0.051 | 171228 | 3 |
Last trade - 14.08pm 23/06/2025 (20 minute delay) ? |
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