AVZ 0.00% 78.0¢ avz minerals limited

Need some info on share market as I'm new, page-4

  1. 4,786 Posts.
    lightbulb Created with Sketch. 4693
    If the resource is even a quarter as good as the historic information lends it to believe...if those 125m shares where too come to market they would be rapidly absorted.

    PLS raised $100m at 38c through the issuing of 225m shares at 38c...On that raising it rose from 38c to 87c in quick form and the issued shares were sucked in and deboned by the market.

    Ask yourself a question .... considering the above and considering the potential source size in AVZs hands...do you think the market would absorb 125m shares at sub 5c if the results are that good??? Do you think that all the lucky punters that received the gift at 2c would sell?
    Last edited by Obe wan: 08/05/17
 
watchlist Created with Sketch. Add AVZ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.