AVZ 0.00% 78.0¢ avz minerals limited

Running Commentary on the SP Movements., page-15859

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    The interest has fallen off since the announcement of the performance rights freebies.
    As soon as the big cheeses got these lowball incentives (34, 40 and 44 cents) the game was up and IMO the T/O or sale value was telegraphed at the 45 to 50 cents range. This is still a doubling of your money from this level or still a good return if you bought in above 30cents provided you wait it out. But the rush of fresh investors coming in has dwindled because while its still a spec stock it is not going to be a multi bagger. Risk to return is probably not that attractive unless you are already in to warrant tying up capital in the current shaky macro environment.
    I have adjusted my expectations and am happy to wait. The one thing you can definately count on in this end of the ASX market is that the insiders won't leave any free treats in the trough and so you can almost guarantee IMO that the free shares will all be triggered and that the price will reach the 44 cents. IMO it would have been reversed engineered to maximize the $$ for themselves so i think expectations around the 50 cents mark and a few months timeframe, maybe six , is a sensible view to take.
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