AVL 7.14% 1.3¢ australian vanadium limited

Ann: Half Yearly Report and Accounts, page-19

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  1. 73 Posts.
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    Has anyone come across a material that would have enough viable quantity to replace Vanadium in the steel strengthening industry?
    How many new mines have come on line to pick up the short fall that has been just keeping ahead of the demand. Yes the Chinese have been able to control the price but for how long when other nations start to run short?
    Has anyone heard of a better type of large energy storage than VRFB's for renewable energy?
    I still think that the VRFB demand is still a good while off but I'm pretty sure that it is an industry that will gain momentum at an increasing rate over time. What then for the demand of Vanadium?
    Why are we here at this low SP.. I don't know.. impatience could be one reason as we all know finance will be a huge stumbling block and Vince would be taking each step very slowly and carefully so when it's time to look for a few bucks he has a great and effective cost dossier to put in front of a few that may want to come on board to help build this thing.
    To date we have dropped to 0.019c four times and only close on the 0.019 twice this year.
    Then if you have a look at the 0.020 mark we have come to this as a resistance mark (low) 12 time and closed on it 9 times this year.
    We have had a close of 0.019 on last Friday (15/03/2019) on a day that had only 32 trades on the comsec platform, then with the only two trades on the closing auction dropping to 0.019.
    One only has to sit and watch the closing auction games to understand how someone with the quickest computer/s can con the market to think it will finish at one price to then pull the orders to have the price drop to a new low for the day.. Mind you I have jumped in on the games as well if they can get cheapies so can I..
    They can carry me to some easy buys. thanks very much

    The volume has also dropped pretty much right off, so there has been no big mass exodus since we have found this holding position around the 0.020c mark.
    So yeah we could go lower but we may not as well as there has been some pretty good numbers sitting around this level ready to pick up the little down ramping sell offs.
    Would love to know the types of owners of the buy orders at these levels

    The ASX is full of wanabes. you bet but how many have the type of experience that AVL have, these guys don't want their resume to have any failures added to them so you can bet they are doing everything to make the end result a winner.

    All in MHO

    GLTAH
 
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Last
1.3¢
Change
-0.001(7.14%)
Mkt cap ! $129.4M
Open High Low Value Volume
1.3¢ 1.4¢ 1.3¢ $149.1K 11.47M

Buyers (Bids)

No. Vol. Price($)
73 30184472 1.3¢
 

Sellers (Offers)

Price($) Vol. No.
1.4¢ 8382220 18
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Last trade - 16.10pm 29/11/2024 (20 minute delay) ?
AVL (ASX) Chart
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