AEV 9.09% 1.0¢ avenira limited

why has this gone up, page-7

  1. 148 Posts.
    lightbulb Created with Sketch. 9
    My favorite line!

    redcorduroy -
    "It's simple, the HotCopper herd is almost always a contrarian indicator. This case is no exception."

    I dont really have any idea what was going on with the share price yesterday.
    But what a higher share price will do is make the SPP more attractive.
    Now I know there has been some conjecture in the HC MAK posts as to how this may all be run and that the initial SPP announcement was not detailed enough.
    But making the assumption that the total number of shares released in the SPP will be limited (ie oversubscribed SPP), this may well mean scaled back SPP packages to applicants.

 
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