AEV 0.00% 0.6¢ avenira limited

Wonarah Phosphate mine, page-66

  1. 884 Posts.
    lightbulb Created with Sketch. 421
    "Assets are of value". "Exit at a multiple".

    Seems like were are aligned, but curious why you think the Board won't be able to extract said value via a JV.

    Not sure how a restructure will make a difference. The main reason things ground to a halt was depressed phosphate rock/acid prices, rendering Wonarah as a stranded asset. Now that we're in a once in a lifetime bull cycle underpinned by multiple catalysts - war, supply chain, enviro, EVs, renewables etc the steps undertaken by the Board seem entirely appropriate.

    If there is a better plan I'd be open to hearing it.
 
watchlist Created with Sketch. Add AEV (ASX) to my watchlist
(20min delay)
Last
0.6¢
Change
0.000(0.00%)
Mkt cap ! $14.09M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
5 3384303 0.6¢
 

Sellers (Offers)

Price($) Vol. No.
0.7¢ 4393458 9
View Market Depth
Last trade - 16.12pm 03/06/2024 (20 minute delay) ?
Last
0.6¢
  Change
0.000 ( 0.00 %)
Open High Low Volume
0.6¢ 0.6¢ 0.6¢ 67401
Last updated 10.06am 03/06/2024 ?
AEV (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.