I agree deltaflush that there are more sellers than buyers at the moment for AVB. But that's the case across the board for the ASX. The ASX is down 10% in the last 15 days. That's equivalent to 2 years of growth or there abouts. Take out the big 4 banks and it would show a worse situation.
Over the last couple of days most of us expected a price rise based on previous experience when the market was in a neutral to uptrend cycle. This is sadly not the case at the moment. However, I strongly believe that we are entering the 5 year period of a 10 year cycle from the last low (2008?).
Come on AC, how many AVB shares do you really have?
AVB Price at posting:
6.3¢ Sentiment: Buy Disclosure: Held