Forum Topics AVA AVA Institutional Placement &SPP

Pinned straw:

Added 2 years ago

cf0819c8e259503db4ce4ae9404ca7ffca2557.jpeg

Now that we’ve known this capital raise is just for getting some working capital, I have more questions for Mal next week.

The company’s CFO said AVA had enough capital to fund the growth. Would it be too harsh to ask “Why did you lie to my face?”? I just don’t know how to ask this question in a more subtle way.


lastever
Added 2 years ago

Naive question - but is it possible that the AVA share price has lingered close to 13c in the past few days because no holders had any incentive to buy on market? I only just clocked that the raise is open for the rest of the month.

14

Bear77
Added 2 years ago

Yep.

10
Strawman
Added 2 years ago

Not unreasonable at all @fcmaster26

I'll put it to Mal as best I can. But it's a fair question.

24