AVZ 0.00% 78.0¢ avz minerals limited

Ann: December 2017 Quarterly Activities Report, page-38

  1. 34,336 Posts.
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    cheers @pelon.

    AVZ has been delibrately kept down as previously obvious 50c capping.
    Some 'hidden' aggressive buys via Chi-X.
    Usually ASX volume is more than three times of Chi-X for ASX stocks, but AVZ is probably the only one with Double Chi-X volume over ASX's. Why these unusuals happened to AVZ only?

    I have similar feeling for AVZ as where I picked up FMG at $1.70 while doomed the view prevailed. My FMG NPV calculation was robust at that time as well. AVZ's NPV figure is much more impressive to me. The 90% valuation discount to ASX peer's avreage is just presenting a great opportunity, imo.
 
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