No, AVZ are only the second share I've lost money in. I bought back in against my better judgement.
I've lived in WA for 40 years. AVZ brought all the memories flooding back. The long term price for AVZ is probably zero unless there is a takeover @ about 5c, which there probably will be. That doesn't mean money can't be made along the way but when you have "the biggest lithium deposit on the planet" every outstanding drill announcement only confirms what is baked into the price.
The price of the next CR will be crucial. If it's @15c the writing is on the wall.
Selling out has left me with the feeling that I have left a cult. When you leave, no matter how politely, the existing members come after you to send a message to the others.
- Forums
- ASX - By Stock
- AVZ
- Running discussion on SP
Running discussion on SP, page-524
-
-
- There are more pages in this discussion • 82,642 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AVZ (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online