re: what a joke... I agree Cass.
Any predator would look at AVM. Realise that future earnings will almost cover capital project requirements. Therefore buy a controlling interest. Use the existing $100m capital to offset the purchase costs and fund whatever other projects the predator has in the pipeline.
Or... I could be missing something?
You're right - we're a bit exposed. The only other thing the predator would have to do is keep Bill on - very large amount of 'Goodwill' there.
re: what a joke... I agree Cass.Any predator would look at AVM....
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Last
2.2¢ |
Change
-0.001(4.35%) |
Mkt cap ! $2.979M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.2¢ | 2.2¢ | $14.17K | 644.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 152666 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 263850 | 1 |
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| Last trade - 12.52pm 25/06/2024 (20 minute delay) ? |
| AVM (ASX) Chart |