AVB 0.00% 16.5¢ avanco resources limited

I'm speculating that this sort of price action has at least 3...

  1. 496 Posts.
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    I'm speculating that this sort of price action has at least 3 possible scenarios (or a combination):
    - Leaky ship
    - Director/insto buying
    - Director/insto stopped selling

    Volume's far too low for directors or instos, maybe they're baiting this price and then plan on buying/dumping a large quantity of shares when the market wakes up in a few days after this action.

    Ultimately, it just seems like the price suppression has stopped. I've done my forecasts and you can see from Kalenn's spreadsheets, we're pretty much valued around this region, after accounting for risk. What this price tells me is that (prior to today) there was very little speculation on the success of the company and that breaking this downtrend shows me that the market sentiment is changing. Maybe they're willing to see PB as a force that will come into play as predicted.
 
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Currently unlisted public company.

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