We spend a lot of time looking at the SP , bollinger bands , supply , resistance , buy sell spread etc however if we plotted intrinsic value we would be looking at a very different chart. The value of the company as measured by the growth in resource, in addition to the increased percentage it will accelerate even further wih the growing grades and growing zones of mineralisation has been growing steadily over the least few years . What i have seen many many times before when the value vs SP gap starts to extend , the SP will react and often when it does it catches up quickly . A stock may trade in a zone for months and years only to see a 50-200% response in the SP in a few months . The SP may be were it was a year or so ago but the value is a lot higher and growing
AVB Price at posting:
11.0¢ Sentiment: LT Buy Disclosure: Held
